Is Williams Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Williams Charter Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Williams Charter Township has remained a Seller's Market.

Key Takeaway

Williams Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Williams Charter Township, MI

How much do homes in Williams Charter Township, MI cost?

Median Sold Price

$329,950

$170/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$132,450(+67.1%)

Key Takeaway

Homes in Williams Charter Township have sold for 67.1% more than they did a month ago.

Summary: The median home sold price in Williams Charter Township was $329,950 in May 2024, up 67.1% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $197.5K$329.9K
+67.1%
4 $247.7K-
N/A
5+ --
N/A

Summary: Williams Charter Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 67.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Williams Charter Township
+67.1%
Beaver Township
-57.1%

Housing Supply in Williams Charter Township, MI

How many homes are available in Williams Charter Township, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
109-10.0%

Summary: The Williams Charter Township real estate market had 9 homes for sale in May 2024, a 10.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 87
-12.5%
4 22
0.0%
5+ 00
0.0%

Summary: The Williams Charter 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 decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Williams Charter Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Williams Charter Township in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Williams Charter Township, MI

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

Average Sale Time

Apr 2024May 2024CHANGE
7 Days14 Days+90.9%

Summary: Homes in Williams Charter Township had an average of 14 days on market in May 2024, up by 90.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Williams Charter Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Williams Charter Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

Newest Listings in Williams Charter Township, MI

Nearby Markets to Williams Charter Township, MI

What housing markets are near Williams Charter Township, MI?