Is Wilson 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, Wilson Township has remained a Seller's Market.
Key Takeaway
Wilson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wilson Township, MI
How much do homes in Wilson Township, MI cost?
Median Sold Price
$85,000
$83/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wilson Township have sold for 56.2% less than they did a year ago.
Summary: The median home sold price in Wilson Township was $85,000 in May 2024, down 56.2% from last year, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $65K | N/A |
| 2 Bedrooms | $171K | $76K | -55.6% |
| 3 Bedrooms | $159.9K | $110K | -31.2% |
| 4 Bedrooms | $285.4K | $587.5K | +105.8% |
| 5+ Bedrooms | - | $35K | N/A |
Summary: Wilson 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 decreased by 55.6%, 3 bedroom homes decreased by 31.2%, 4 bedroom homes increased by 105.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lachine | $135K | $205K | +51.9% |
| Alpena Township | $142K | $165K | +16.2% |
| Wilson Township | $194K | $85K | -56.2% |
Housing Supply in Wilson Township, MI
How many homes are available in Wilson Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The Wilson Township real estate market had 4 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wilson 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 increased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wilson Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Wilson Township in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Wilson Township, MI
We’re sorry, we don't have information for this market at the moment
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