Is Mundy Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mundy Township has remained a Seller's Market.
Housing Prices in Mundy Township, MI
How much do homes in Mundy Township, MI cost?
Median Sold Price
$249,831
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mundy Township was $249,831 in April 2024, up 6.8% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | - | N/A |
2 Bedrooms | $169.9K | $181K | +6.5% |
3 Bedrooms | $233.5K | $236.6K | +1.3% |
4 Bedrooms | $267.4K | $295K | +10.3% |
5+ Bedrooms | $288.9K | $295.9K | +2.4% |
Summary: Mundy 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 6.5%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
Mundy Township | $233.8K | $249.8K | +6.8% |
Grand Blanc Charter Township | $250K | $264.4K | +5.8% |
Burton | $152.6K | $160K | +4.8% |
Flint | $74.9K | $77.6K | +3.6% |
Flint Charter Township | $96.5K | $80K | -17.1% |
Housing Supply in Mundy Township, MI
How many homes are available in Mundy Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 74 | -9.8% |
Summary: The Mundy Township real estate market had 74 homes for sale in April 2024, a 9.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 16 | 16 | 0.0% |
3 Bedrooms | 43 | 37 | -14.0% |
4 Bedrooms | 17 | 15 | -11.8% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Mundy 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 decreased by 14%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Mundy Township in April 2024, up by 4.3% month-over-month. Of the 24 sold homes, 38% were sold under asking, 17% were sold at asking, and 46% were sold over asking.
Days on Market for Mundy Township, MI
How long does it take to sell a home in Mundy Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
127 Days | 28 Days | -77.5% |
Summary: Homes in Mundy Township had an average of 28 days on market in Apr 2024, down by 77.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Mundy Township; 71% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.