Is Irving 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, Irving Township has remained a Seller's Market.
Key Takeaway
Irving Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Irving Township, MI
How much do homes in Irving Township, MI cost?
Median Sold Price
$301,500
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Irving Township have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Irving Township was $301,500 in May 2024, down 4.3% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | $250K | -20.6% |
| 3 Bedrooms | $294.2K | $312.5K | +6.2% |
| 4 Bedrooms | $367.5K | $225K | -38.8% |
| 5+ Bedrooms | $395K | $459K | +16.2% |
Summary: Irving 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 20.6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 38.8%, and 5+ bedroom homes increased by 16.2%.
Median Sold Price Compared To Nearby Cities
| Freeport | $220K | $313K | +42.3% |
| Alto | $463.7K | $470K | +1.3% |
| Irving Township | $315K | $301.5K | -4.3% |
| Bowne Township | $424K | $399.9K | -5.7% |
Housing Supply in Irving Township, MI
How many homes are available in Irving Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Irving Township real estate market had 4 homes for sale in May 2024, a 20.0% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Irving 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Irving Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Irving Township in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Irving Township, MI
How long does it take to sell a home in Irving Township, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 46 Days | 4 Days | -91.4% |
Summary: Homes in Irving Township had an average of 4 days on market in May 2024, down by 91.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Irving Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Irving 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.
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