Housing Prices in Tobacco Township, MI

How much do homes in Tobacco Township, MI cost?

Median List Price

$252,450

$164/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$12,450(+5.2%)

Key Takeaway

The list price of homes in Tobacco Township has increased by 5.2% since last year.

Summary: The median home list price in Tobacco Township was $252,450 in April 2024, up 5.2% from the previous year, and the median price per square foot was $164.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $110K-
N/A
2 $172.4K$189.9K
+10.1%
3 $217.4K$185K
-14.9%
4 $369.9K$375.5K
+1.5%
5+ $395K$522K
+32.2%

Summary: Tobacco 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 10.1%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 32.2%.

Median List Price Compared To Nearby Cities

Hope Township
+64.3%
Tobacco Township
+5.2%
Billings Township
-6.5%
Beaverton
-10.8%

Housing Supply in Tobacco Township, MI

How many homes are available in Tobacco Township, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
410+150.0%

Summary: The Tobacco Township real estate market had 10 homes for sale in April 2024, a 150.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 16
+500.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Tobacco 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 500%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Tobacco Township, MI

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

Average Listing Age

Apr 2023Apr 2024CHANGE
281 Days50 Days-82.0%

Summary: Homes in Tobacco Township had an average listing age of 50 days in Apr 2024, down by 82% compared to the previous year.

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

Report Updated 16 Days Ago

Newest Listings in Tobacco Township, MI

Nearby Markets to Tobacco Township, MI

What housing markets are near Tobacco Township, MI?