Is Woodstock 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, Woodstock Township has remained a Seller's Market.
Housing Prices in Woodstock Township, MI
How much do homes in Woodstock Township, MI cost?
Median Sold Price
$283,375
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Woodstock Township was $283,375 in April 2024, up 21.7% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $96.5K | N/A |
2 Bedrooms | $189.9K | $286.7K | +51.0% |
3 Bedrooms | $238.4K | $280K | +17.4% |
4 Bedrooms | $216K | $203.5K | -5.8% |
5+ Bedrooms | $235K | $617K | +162.6% |
Summary: Woodstock 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 51%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 162.6%.
Median Sold Price Compared To Nearby Cities
Cement City | $200K | $282.4K | +41.2% |
Cement City | $233.9K | $292.5K | +25.1% |
Woodstock Township | $232.8K | $283.3K | +21.7% |
Manitou Beach | $365.7K | $332K | -9.2% |
Addison | $235K | $202K | -14.0% |
Housing Supply in Woodstock Township, MI
How many homes are available in Woodstock Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 21 | +16.7% |
Summary: The Woodstock Township real estate market had 21 homes for sale in April 2024, a 16.7% 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 | 1 | 0 | -100.0% |
3 Bedrooms | 8 | 12 | +50.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Woodstock 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 decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Woodstock Township in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Woodstock Township, MI
How long does it take to sell a home in Woodstock Township, MI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Woodstock Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.