Is Walker, 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, Walker has remained a Seller's Market.
Housing Prices in Walker, MI
How much do homes in Walker, MI cost?
Median Sold Price
$323,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Walker was $323,000 in April 2024, up 8% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $246K | $160K | -35.0% |
2 Bedrooms | $241K | $258.5K | +7.3% |
3 Bedrooms | $300K | $320K | +6.7% |
4 Bedrooms | $337.5K | $355K | +5.2% |
5+ Bedrooms | $456.2K | $510.4K | +11.9% |
Summary: Walker housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Cities
Alpine Township | $257.5K | $297.5K | +15.5% |
Grand Rapids | $262.2K | $300K | +14.4% |
Grandville | $304.3K | $341.5K | +12.2% |
Wyoming | $235K | $260K | +10.6% |
Walker | $299K | $323K | +8.0% |
Housing Supply in Walker, MI
How many homes are available in Walker, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 38 | +11.8% |
Summary: The Walker real estate market had 38 homes for sale in April 2024, a 11.8% increase 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 | 8 | 6 | -25.0% |
3 Bedrooms | 15 | 20 | +33.3% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Walker 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 decreased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 15 | +36.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Walker in April 2024, up by 36.4% month-over-month. Of the 15 sold homes, 13% were sold under asking, 13% were sold at asking, and 73% were sold over asking.
Days on Market for Walker, MI
How long does it take to sell a home in Walker, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 7 Days | -23.9% |
Summary: Homes in Walker had an average of 7 days on market in Apr 2024, down by 23.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Walker; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.