Is Williamstown Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Williamstown Township was a Seller's Market.
Key Takeaway
Williamstown 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 Williamstown Township, MI
How much do homes in Williamstown Township, MI cost?
Median Sold Price
$355,400
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Williamstown Township have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Williamstown Township was $355,400 in April 2024, up 1.1% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $216K | $230K | +6.5% |
| 2 Bedrooms | $162K | $200K | +23.5% |
| 3 Bedrooms | $276K | $313K | +13.4% |
| 4 Bedrooms | $415K | $507.5K | +22.3% |
| 5+ Bedrooms | $625K | $553.2K | -11.5% |
Summary: Williamstown Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Cities
| Haslett | $268K | $299K | +11.6% |
| Williamstown Township | $351.5K | $355.4K | +1.1% |
| Williamston | $290K | $286.3K | -1.3% |
Housing Supply in Williamstown Township, MI
How many homes are available in Williamstown Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Summary: The Williamstown Township real estate market had 19 homes for sale in April 2024, a 26.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Williamstown 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 200%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Williamstown Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Williamstown Township in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Williamstown Township, MI
How long does it take to sell a home in Williamstown Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 54 Days | 35 Days | -34.4% |
Summary: Homes in Williamstown Township had an average of 35 days on market in Apr 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Williamstown Township has remained consistent over time.
Summary: During April 2024, 3 homes were sold in Williamstown Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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