New - 4 days on Rocket
$5,343 Closing Credit¹
#20250012770, Ahmad Fawaz, Listing Office: Empire Realty Group
Mayfield Township Housing Market Report February 2025•Lapeer County, Michigan
Housing Prices in Mayfield Township, MI
How much do homes in Mayfield Township, MI cost?
Housing Market Conditions
Is Mayfield Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Mayfield Township is a Seller's Market
Difference Since February 2024
Since last year, Mayfield Township has remained a Seller's Market.
Insight
Mayfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$272,500$154/SqFt
+$29,550
+12.2%
Based on all homes sold in the last 12 months
Insight
Homes in Mayfield Township have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Mayfield Township was $272,500 in February 2025, up 12.2% from last year, and the median price per square foot was $154.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Attica | $257.5K | $360K | +39.8% |
| Mayfield Township | $242.9K | $272.5K | +12.2% |
| Lapeer Township | $240K | $259.5K | +8.1% |
| Deerfield Township | $228K | $245K | +7.5% |
| Lapeer | $242.5K | $259K | +6.8% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $127K | - | N/A |
| 22 Bedrooms | $165K | $207K | +25.5% |
| 33 Bedrooms | $227.5K | $260K | +14.3% |
| 44 Bedrooms | $355K | $330.5K | -6.9% |
| 55+ Bedrooms | $475K | $330.5K | -30.4% |
Summary: Mayfield Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +25.5%. The home price for 3 bedroom homes increased by +14.3%. The home price for 4 bedroom homes decreased by -6.9%. The home price for 5 bedroom homes decreased by -30.4%.
Housing supply in Mayfield Township, MI
How many homes are available in Mayfield Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthFeb 2025 | ||
| 202 months agoJan 2025 | -15.0 % Change MoMJan – Feb |
Summary: The Mayfield Township real estate market had 17 homes for sale in Feb 2025, a 15.0 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthFeb 2025 | ||
| 72 months agoJan 2025 | -57.1 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 13 | 9 | -30.8% |
| 44 Bedrooms | 5 | 6 | +20.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Mayfield Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -30.8%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Mayfield Township, MI cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Mayfield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Mayfield Township in February 2025, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Mayfield Township, MI
How long does it take to sell a home in Mayfield Township, MI?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Mayfield Township are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 3 homes were sold in Mayfield Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 21 DaysThis YearFeb 2025 | ||
| 40 Days1 year agoFeb 2024 | -46.2 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Mayfield Township had an average listing age of 21 days in Feb 2025, down by 46.2% compared to the previous year.
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Newest Listings in Mayfield Township, MI
What homes are available in Mayfield Township, MI?
New - 6 days on Rocket
#20250012274, Deborah K Moore, Anne Gowan, Listing Office: Coldwell Banker Professionals
$3,147 Closing Credit¹
#20250011148, Alana Boreo, Listing Office: B & B Realty Solutions
$7,719 Closing Credit¹
#20250011172, Mark Kattula, Listing Office: DOBI Real Estate
$2,611 Closing Credit¹
#20250010447, Austin M Green, Listing Office: Coulter Real Estate
$9,499 Closing Credit¹
#50165973, Allen Kathawa, Listing Office: Brookstone, Realtors LLC
$653 Closing Credit¹
#5050164890, Zachery Webb, Listing Office: Innovative Property Mgt. Inc.
$3,146 Closing Credit¹
#20250003594, David A Tietz, Listing Office: RE/MAX Plus
Backup offers
$2,018 Closing Credit¹
#20250002989, Chantel Fick, Listing Office: Realty Executives Main St LLC
$891 Closing Credit¹
#20250002313, Erick Monzo, Nichole Seger, Listing Office: Keller Williams Realty-Great Lakes
$2,789 Closing Credit¹
#20250002005, Justin Sadauskas, Listing Office: Amerapro
$10,000 Closing Credit¹
#20240092424, Valarie Moore, Listing Office: Solutions Realty Group LLC
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 03/01/2023 - 03/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Last updated on: 3/4/2025, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
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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: 3/4/2025, 7:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.