New - 4 days on Rocket
$2,968 Closing Credit¹
Ruby Johnson, Listing Office: The Charles Reinhart Company
Spring Arbor Township Housing Market Report December 2024•Jackson County, Michigan
Housing Prices in Spring Arbor Township, MI
How much do homes in Spring Arbor Township, MI cost?
Housing Market Conditions
Is Spring Arbor Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Spring Arbor Township is a Seller's Market
Difference Since December 2023
Since last year, Spring Arbor Township has remained a Seller's Market.
Insight
Spring Arbor Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$250,000$133/SqFt
+$11,000
+4.6%
Based on all homes sold in the last 12 months
Insight
Homes in Spring Arbor Township have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Spring Arbor Township was $250,000 in December 2024, up 4.6% from last year, and the median price per square foot was $133.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Summit Township | $210.5K | $222K | +5.5% |
| Spring Arbor Township | $239K | $250K | +4.6% |
| Horton | $360.5K | $352.5K | -2.2% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $99K | N/A |
| 22 Bedrooms | $116K | $139K | +19.8% |
| 33 Bedrooms | $237.5K | $233.5K | -1.7% |
| 44 Bedrooms | $267K | $320K | +19.9% |
| 55+ Bedrooms | $296.5K | $415K | +40.0% |
Summary: Spring Arbor Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +19.8%. The home price for 3 bedroom homes decreased by -1.7%. The home price for 4 bedroom homes increased by +19.9%. The home price for 5 bedroom homes increased by +40.0%.
Housing supply in Spring Arbor Township, MI
How many homes are available in Spring Arbor Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 23Last MonthDec 2024 | ||
| 282 months agoNov 2024 | -17.9 % Change MoMNov – Dec |
Summary: The Spring Arbor Township real estate market had 23 homes for sale in Dec 2024, a 17.9 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthDec 2024 | ||
| 92 months agoNov 2024 | -22.2 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 1 | -50.0% |
| 33 Bedrooms | 14 | 11 | -21.4% |
| 44 Bedrooms | 8 | 9 | +12.5% |
| 55+ Bedrooms | 4 | 2 | -50.0% |
Summary: Spring Arbor Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes decreased by -21.4%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Spring Arbor Township, MI cost?
Over Asking Price2 Homes
At Asking Price1 Home
Under Asking Price4 Homes
Insight
If you're buying a home in Spring Arbor Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Spring Arbor Township in December 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and and 29% were sold over asking.
Days on Market for Spring Arbor Township, MI
How long does it take to sell a home in Spring Arbor Township, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days5 Homes
Over 90 Days1 Home
Insight
Avg time on Rocket Homes in Spring Arbor Township has remained consistent over time.
Summary: During December 2024, 7 homes were sold in Spring Arbor Township; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 53 DaysThis YearDec 2024 | ||
| 33 Days1 year agoDec 2023 | +60.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Spring Arbor Township had an average listing age of 53 days in Dec 2024, up by 60.3% compared to the previous year.
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Newest Listings in Spring Arbor Township, MI
What homes are available in Spring Arbor Township, MI?
New - 4 days on Rocket
$1,483 Closing Credit¹
EDWARD J KERLEY, Listing Office: EXIT REALTY 1ST LLC
New - 7 days on Rocket
$10,000 Closing Credit¹
HEATHER HERNDON, Listing Office: HOWARD HANNA REAL ESTATE SERVI
$830 Closing Credit¹
DEANN E GUMBERT, Listing Office: RE/MAX MID-MICHIGAN R.E.
Backup offers
$2,256 Closing Credit¹
Logan Burns, Listing Office: C-21 Affiliated - Jackson
$3,266 Closing Credit¹
Tamarah Rusk, Listing Office: Coldwell Banker Groves Real Estate
Backup offers
$2,494 Closing Credit¹
Logan Burns, Listing Office: C-21 Affiliated - Jackson
$2,969 Closing Credit¹
RICH COOK, Listing Office: ERA REARDON REALTY, L.L.C.
Backup offers
$3,205 Closing Credit¹
Julie Hackworth, Listing Office: ERA REARDON REALTY, L.L.C.
$5,047 Closing Credit¹
Stephanie Bosanac-Mortimer, Listing Office: RE/MAX MID-MICHIGAN R.E.
$1,911 Closing Credit¹
Christopher Powers, Crystal Powers, Listing Office: Real Broker, LLC.
Backup offers
$2,969 Closing Credit¹
DEANN E GUMBERT, Listing Office: RE/MAX MID-MICHIGAN R.E.
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MLS Disclaimers and Copyright
Based on information from Michigan Regional Information Center LLC, for the period 01/01/2023 - 01/01/2025
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:25:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.