Is Williamston, 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, Williamston has remained a Seller's Market.
Housing Prices in Williamston, MI
How much do homes in Williamston, MI cost?
Median Sold Price
$289,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Williamston was $289,000 in May 2024, down 0.3% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $126K | $187.5K | +48.8% |
2 Bedrooms | $176.5K | $176K | -0.3% |
3 Bedrooms | $259.9K | $282K | +8.5% |
4 Bedrooms | $369.9K | $430K | +16.2% |
5+ Bedrooms | $637.5K | $560K | -12.2% |
Summary: Williamston housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.8%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes decreased by 12.2%.
Median Sold Price Compared To Nearby Cities
Williamstown Township | $335K | $357.9K | +6.8% |
Williamston | $290K | $289K | -0.3% |
Housing Supply in Williamston, MI
How many homes are available in Williamston, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 34 | -2.9% |
Summary: The Williamston real estate market had 34 homes for sale in May 2024, a 2.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 8 | 6 | -25.0% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Williamston housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Williamston in May 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Williamston, MI
How long does it take to sell a home in Williamston, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 40 Days | +207.7% |
Summary: Homes in Williamston had an average of 40 days on market in May 2024, up by 207.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Williamston; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.