Is Millersburg, 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, Millersburg has remained a Seller's Market.
Housing Prices in Millersburg, MI
How much do homes in Millersburg, MI cost?
Median Sold Price
$275,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Millersburg was $275,000 in May 2024, up 66.7% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $190K | N/A |
2 Bedrooms | $165K | $232.2K | +40.8% |
3 Bedrooms | $172.5K | $350K | +102.9% |
4 Bedrooms | $149K | $311.6K | +109.1% |
5+ Bedrooms | - | - | N/A |
Summary: Millersburg 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 increased by 40.8%, 3 bedroom homes increased by 102.9%, 4 bedroom homes increased by 109.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Millersburg | $165K | $275K | +66.7% |
Case Township | $165K | $175K | +6.1% |
Housing Supply in Millersburg, MI
How many homes are available in Millersburg, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Summary: The Millersburg real estate market had 10 homes for sale in May 2024, a 25.0% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Millersburg 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Millersburg in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Millersburg, MI
We’re sorry, we don't have information for this market at the moment