Housing Prices in Forest Township, MI
How much do homes in Forest Township, MI cost?
Median List Price
$119,900
$108/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Forest Township has decreased by 25% since last year.
Summary: The median home list price in Forest Township was $119,900 in May 2024, down 25% from the previous year, and the median price per square foot was $108.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $119.9K | N/A |
| 3 Bedrooms | $172.4K | $110K | -36.2% |
| 4 Bedrooms | $159.9K | $209.9K | +31.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Forest 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 did not change, 3 bedroom homes decreased by 36.2%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Lake City | $222.5K | $240K | +7.9% |
| West Branch Township | $200K | $199.9K | 0% |
| Norwich Township | $275K | $236.5K | -14.0% |
| Forest Township | $159.9K | $119.9K | -25.0% |
Housing Supply in Forest Township, MI
How many homes are available in Forest Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Summary: The Forest Township real estate market had 2 homes for sale in May 2024, a 100.0% 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 | 0 | 2 | +100.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Forest 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.
Days on Market for Forest Township, MI
How long does it take to sell a home in Forest Township, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 33 Days | 3 Days | -89.4% |
Summary: Homes in Forest Township had an average listing age of 3 days in May 2024, down by 89.4% compared to the previous year.
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