#72025009428, Aaron Michell, Listing Office: Backwoods Realty Company, LLC
Mayfield Township Housing Market Report March 2025•Grand Traverse 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 Buyer's Market
Difference Since March 2024
At the same time last year, Mayfield Township was a Neutral Market.
Mayfield Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Mayfield Township have sold for 9.4% less than they did a year ago.
Summary: The median home sold price in Mayfield Township was $316,900 in March 2025, down 9.4% from last year, and the median price per square foot was $219.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Grant Township | $253K | $310K | +22.5% |
Mayfield Township | $349.9K | $316.9K | -9.4% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $361K | $222K | -38.5% |
33 Bedrooms | $345K | $316.9K | -8.1% |
44 Bedrooms | $405K | $389.9K | -3.7% |
55+ Bedrooms | $348K | $900K | +158.6% |
Summary: Mayfield Township housing price by bedroom type for March 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 -38.5%. The home price for 3 bedroom homes decreased by -8.1%. The home price for 4 bedroom homes decreased by -3.7%. The home price for 5 bedroom homes increased by +158.6%.
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
Last Month | 2 months ago | Change MoM |
---|---|---|
12Last MonthMar 2025 | ||
132 months agoFeb 2025 | -7.7 % Change MoMFeb – Mar |
Summary: The Mayfield Township real estate market had 12 homes for sale in Mar 2025, a 7.7 % decrease compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
1Last MonthMar 2025 | ||
22 months agoFeb 2025 | -50.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
44 Bedrooms | 3 | 4 | +33.3% |
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 7 | 6 | -14.3% |
55+ Bedrooms | 1 | 0 | -100.0% |
Summary: Mayfield Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 4 bedroom homes increased by +33.3%. 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 -14.3%. The inventory for 5 bedroom homes decreased by -100.0%.
Asking Price vs. Sold Price
How much do homes in Mayfield Township, MI cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price0 Home
If you're buying a home in Mayfield Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Mayfield Township in March 2025, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Most homes in Mayfield Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2025, 1 homes were sold in Mayfield Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
253 DaysThis YearMar 2025 | ||
122 Days1 year agoMar 2024 | +107.4 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Mayfield Township had an average listing age of 253 days in Mar 2025, up by 107.4% compared to the previous year.
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Newest Listings in Mayfield Township, MI
What homes are available in Mayfield Township, MI?
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MLS Disclaimers and Copyright
Based on information from Northern Great Lakes Realtors MLS, and RealComp II Ltd. for the period 04/01/2023 - 04/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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: 4/4/2025, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.