Is Fruitland Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fruitland Township was a Seller's Market.
Housing Prices in Fruitland Township, MI
How much do homes in Fruitland Township, MI cost?
Median Sold Price
$292,500
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fruitland Township was $292,500 in April 2024, up 0.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $214.9K | $193.9K | -9.7% |
3 Bedrooms | $275K | $248K | -9.8% |
4 Bedrooms | $393.9K | $430K | +9.2% |
5+ Bedrooms | $1.2M | $550K | -54.2% |
Summary: Fruitland Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 54.2%.
Median Sold Price Compared To Nearby Cities
White River Township | $280K | $367.4K | +31.2% |
Whitehall | $247.5K | $296.2K | +19.7% |
Montague | $222.5K | $247.5K | +11.2% |
Fruitland Township | $290K | $292.5K | +0.9% |
Whitehall Township | $289.9K | $292.5K | +0.9% |
Housing Supply in Fruitland Township, MI
How many homes are available in Fruitland Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Summary: The Fruitland Township real estate market had 18 homes for sale in April 2024, a 5.9% 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 | 1 | +100.0% |
3 Bedrooms | 10 | 7 | -30.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Fruitland 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 increased by 100%, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Fruitland Township in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Fruitland Township, MI
How long does it take to sell a home in Fruitland Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 2 Days | -87.9% |
Summary: Homes in Fruitland Township had an average of 2 days on market in Apr 2024, down by 87.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Fruitland 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.