Mayfield Township Housing Market Report February 2025Grand Traverse County, Michigan

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Housing Prices in Mayfield Township, MI

How much do homes in Mayfield Township, MI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$354,450$251/SqFt
+$6,450
+1.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Mayfield Township has increased by 1.9% since last year.

Summary: The median home list price in Mayfield Township was $354,450 in February 2025, up 1.9% from the previous year, and the median price per square foot was $251.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Buckley
+20.2%
Buckley
+18.1%
Grant Township
+16.2%
Paradise Township
+8.3%
Mayfield Township
+1.9%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$345K$319.9K
-7.3%
3$342.4K$334.9K
-2.2%
4$449K$369K
-17.8%
5$348K$895K
+157.2%

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 decreased by -7.3%. The home price for 3 bedroom homes decreased by -2.2%. The home price for 4 bedroom homes decreased by -17.8%. The home price for 5 bedroom homes increased by +157.2%.

How does Mayfield Township, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Mayfield Township, MI

Housing supply in Mayfield Township, MI

How many homes are available in Mayfield Township, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
12Last MonthFeb 2025
102 months agoJan 2025
+20.0 %
Change MoMJan – Feb

Summary: The Mayfield Township real estate market had 12 homes for sale in Feb 2025, a 20.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
211
0.0%
367
+16.7%
423
+50.0%
511
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 increased by +16.7%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Mayfield Township, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Mayfield Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mayfield Township in February 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% 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 Days0 Home

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Mayfield Township has remained consistent over time.

Summary: During February 2025, 2 homes were sold in Mayfield Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
141 DaysThis YearFeb 2025
175 Days1 year agoFeb 2024
-19.3 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Mayfield Township had an average listing age of 141 days in Feb 2025, down by 19.3% compared to the previous year.

Newest Listings in Mayfield Township, MI

What homes are available in Mayfield Township, MI?

MLS Disclaimers and Copyright

Based on information from Northern Great Lakes Realtors MLS, and RealComp II Ltd. for the period 03/01/2023 - 03/01/2025

Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.