Is Perry 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, Perry Township has remained a Seller's Market.
Housing Prices in Perry Township, MI
How much do homes in Perry Township, MI cost?
Median Sold Price
$259,950
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Perry Township was $259,950 in April 2024, up 23.8% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $132.3K | $138.9K | +5.0% |
3 Bedrooms | $210K | $259.9K | +23.8% |
4 Bedrooms | $248K | $282K | +13.7% |
5+ Bedrooms | $690K | $510K | -26.1% |
Summary: Perry 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 5%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 26.1%.
Median Sold Price Compared To Nearby Cities
Bennington Township | $220K | $307.5K | +39.8% |
Perry | $195K | $262.5K | +34.6% |
Perry Township | $210K | $259.9K | +23.8% |
Housing Supply in Perry Township, MI
How many homes are available in Perry Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 28 | +55.6% |
Summary: The Perry Township real estate market had 28 homes for sale in April 2024, a 55.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 11 | 17 | +54.5% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Perry 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 increased by 100%, 3 bedroom homes increased by 54.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 8 | +700.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Perry Township in April 2024, up by 700.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Perry Township, MI
How long does it take to sell a home in Perry Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 22 Days | -16.7% |
Summary: Homes in Perry Township had an average of 22 days on market in Apr 2024, down by 16.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Perry Township; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.