Housing Prices in Summit Township, MI
How much do homes in Summit Township, MI cost?
Median List Price
$385,000
$187/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Summit Township has decreased by 19.6% since last year.
Summary: The median home list price in Summit Township was $385,000 in April 2024, down 19.6% from the previous year, and the median price per square foot was $187.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $75K | +15.4% |
| 2 Bedrooms | $290K | $385K | +32.8% |
| 3 Bedrooms | $419K | $162.4K | -61.2% |
| 4 Bedrooms | $499.9K | $675K | +35.0% |
| 5+ Bedrooms | $1.0M | $806.4K | -22.3% |
Summary: Summit Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 32.8%, 3 bedroom homes decreased by 61.2%, 4 bedroom homes increased by 35%, and 5+ bedroom homes decreased by 22.3%.
Median List Price Compared To Nearby Cities
| Pentwater Township | $337.4K | $389.9K | +15.5% |
| Pere Marquette Charter Township | $269.9K | $284K | +5.2% |
| Summit Township | $479K | $385K | -19.6% |
Housing Supply in Summit Township, MI
How many homes are available in Summit Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Summary: The Summit Township real estate market had 1 homes for sale in April 2024, a 100.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Summit Township housing inventory by bedroom type for April 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 100%, and 5+ bedroom homes remained the same.
Days on Market for Summit Township, MI
How long does it take to sell a home in Summit Township, MI?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 156 Days | 19 Days | -87.9% |
Summary: Homes in Summit Township had an average listing age of 19 days in Apr 2024, down by 87.9% compared to the previous year.
