Is Goodland Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Goodland Township has remained a Seller's Market.
Housing Prices in Goodland Township, MI
How much do homes in Goodland Township, MI cost?
Median Sold Price
$315,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Goodland Township was $315,000 in May 2024, up 10.6% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $232K | +0.9% |
3 Bedrooms | $255.2K | $347.2K | +36.0% |
4 Bedrooms | $355K | $287.5K | -19.0% |
5+ Bedrooms | - | - | N/A |
Summary: Goodland Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 36%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Burnside Township | $266.4K | $329K | +23.5% |
Goodland Township | $284.9K | $315K | +10.6% |
Imlay Township | $333K | $327.5K | -1.7% |
Housing Supply in Goodland Township, MI
How many homes are available in Goodland Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Summary: The Goodland Township real estate market had 8 homes for sale in May 2024, a 33.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Goodland Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Goodland Township in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Goodland Township, MI
How long does it take to sell a home in Goodland Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
233 Days | 48 Days | -79.2% |
Summary: Homes in Goodland Township had an average of 48 days on market in May 2024, down by 79.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Goodland Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.