Is Maple Valley Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maple Valley Township is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Maple Valley Township was a Seller's Market.

Key Takeaway

Maple Valley Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Maple Valley Township, MI

How much do homes in Maple Valley Township, MI cost?

Median Sold Price

$230,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$27,500(+13.6%)

Key Takeaway

Homes in Maple Valley Township have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Maple Valley Township was $230,000 in April 2024, up 13.6% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$47K
N/A
2 $168K$270K
+60.7%
3 $207.5K$259.9K
+25.3%
4 $185K$210K
+13.5%
5+ $503K-
N/A

Summary: Maple Valley Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 60.7%, 3 bedroom homes increased by 25.3%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pine Township
+16.2%
Trufant
+15.9%
Maple Valley Township
+13.6%
Winfield Township
-6.7%

Housing Supply in Maple Valley Township, MI

How many homes are available in Maple Valley Township, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The Maple Valley Township real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Maple Valley Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maple Valley Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Maple Valley Township in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Maple Valley Township, MI

How long does it take to sell a home in Maple Valley Township, MI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Maple Valley Township has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Maple Valley Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Maple Valley Township, MI

Nearby Markets to Maple Valley Township, MI

What housing markets are near Maple Valley Township, MI?