Is Windsor Charter 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, Windsor Charter Township has remained a Seller's Market.
Housing Prices in Windsor Charter Township, MI
How much do homes in Windsor Charter Township, MI cost?
Median Sold Price
$284,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Windsor Charter Township was $284,000 in May 2024, up 4.9% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $82.4K | - | N/A |
2 Bedrooms | $140K | $170K | +21.4% |
3 Bedrooms | $250K | $264.5K | +5.8% |
4 Bedrooms | $335K | $349K | +4.2% |
5+ Bedrooms | $425K | $317.5K | -25.3% |
Summary: Windsor Charter 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 increased by 21.4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 25.3%.
Median Sold Price Compared To Nearby Cities
Delhi Charter Township | $247.1K | $280.5K | +13.5% |
Holt | $240K | $272K | +13.3% |
Delta Charter Township | $253.1K | $275K | +8.6% |
Dimondale | $280.9K | $295K | +5.0% |
Windsor Charter Township | $270.7K | $284K | +4.9% |
Housing Supply in Windsor Charter Township, MI
How many homes are available in Windsor Charter Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 24 | +60.0% |
Summary: The Windsor Charter Township real estate market had 24 homes for sale in May 2024, a 60.0% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Windsor Charter 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 increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Windsor Charter Township in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Windsor Charter Township, MI
How long does it take to sell a home in Windsor Charter Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 32 Days | +214.9% |
Summary: Homes in Windsor Charter Township had an average of 32 days on market in May 2024, up by 214.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Windsor Charter Township; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.