#50165527, PAULA LUTEY, Listing Office: RE/MAX 1ST REALTY
Forsyth Township Housing Market Report January 2025•Marquette County, Michigan
Housing Prices in Forsyth Township, MI
How much do homes in Forsyth Township, MI cost?
Housing Market Conditions
Is Forsyth Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Forsyth Township is a Neutral Market
Difference Since January 2024
At the same time last year, Forsyth Township was a Seller's Market.
Forsyth Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Forsyth Township have sold for 68.3% more than they did a year ago.
Summary: The median home sold price in Forsyth Township was $201,150 in January 2025, up 68.3% from last year, and the median price per square foot was $165.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Forsyth Township | $119.5K | $201.1K | +68.3% |
Gwinn | $119.5K | $200.5K | +67.8% |
West Branch Township | $169.5K | $232.4K | +37.1% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $111.5K | N/A |
22 Bedrooms | - | $177.7K | N/A |
33 Bedrooms | - | $261.8K | N/A |
44 Bedrooms | - | $217.2K | N/A |
55+ Bedrooms | $119.5K | $148.7K | +24.5% |
Summary: Forsyth Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +24.5%.
Housing supply in Forsyth Township, MI
How many homes are available in Forsyth Township, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
18Last MonthJan 2025 | ||
212 months agoDec 2024 | -14.3 % Change MoMDec – Jan |
Summary: The Forsyth Township real estate market had 18 homes for sale in Jan 2025, a 14.3 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
3Last MonthJan 2025 | ||
62 months agoDec 2024 | -50.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 4 | 3 | -25.0% |
33 Bedrooms | 10 | 7 | -30.0% |
44 Bedrooms | 5 | 5 | 0.0% |
55+ Bedrooms | 1 | 2 | +100.0% |
Summary: Forsyth Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -30.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Forsyth Township, MI cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price2 Homes
If you're buying a home in Forsyth Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Forsyth Township in January 2025, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.
Days on Market for Forsyth Township, MI
How long does it take to sell a home in Forsyth Township, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days1 Home
Many homes in Forsyth Township are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 3 homes were sold in Forsyth Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
89 DaysThis YearJan 2025 | ||
23 Days1 year agoJan 2024 | +278.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Forsyth Township had an average listing age of 89 days in Jan 2025, up by 278.7% compared to the previous year.
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Newest Listings in Forsyth Township, MI
What homes are available in Forsyth Township, MI?
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Based on information from MiRealSource Inc. DL, Michigan Regional Information Center LLC, and RealComp II Ltd. for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/4/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 2:59:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.