New - 2 days on Rocket
Therese Antonelli, Diedre Rivera Creal, Listing Office: Moving The Mitten RE Group Inc
Sumpter Township Housing Market Report December 2024•Wayne County, Michigan
Housing Prices in Sumpter Township, MI
How much do homes in Sumpter Township, MI cost?
Housing Market Conditions
Is Sumpter Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Sumpter Township is a Seller's Market
Difference Since December 2023
Since last year, Sumpter Township has remained a Seller's Market.
Insight
Sumpter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$279,900$166/SqFt
+$26,900
+10.6%
Based on all homes sold in the last 12 months
Insight
Homes in Sumpter Township have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Sumpter Township was $279,900 in December 2024, up 10.6% from last year, and the median price per square foot was $166.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Exeter Township | $259.9K | $299.9K | +15.4% |
| Sumpter Township | $253K | $279.9K | +10.6% |
| Huron Charter Township | $335K | $341.2K | +1.9% |
| Van Buren Charter Township | $310K | $284.5K | -8.2% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $170K | $205K | +20.6% |
| 33 Bedrooms | $231K | $279.4K | +21.0% |
| 44 Bedrooms | $306K | $340K | +11.1% |
| 55+ Bedrooms | $462K | $282.5K | -38.9% |
Summary: Sumpter 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 +20.6%. The home price for 3 bedroom homes increased by +21.0%. The home price for 4 bedroom homes increased by +11.1%. The home price for 5 bedroom homes decreased by -38.9%.
Housing supply in Sumpter Township, MI
How many homes are available in Sumpter Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 35Last MonthDec 2024 | ||
| 352 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The Sumpter Township real estate market had 35 homes for sale in Dec 2024, the same as Nov 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthDec 2024 | ||
| 62 months agoNov 2024 | +66.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 3 | 4 | +33.3% |
| 33 Bedrooms | 20 | 20 | 0.0% |
| 44 Bedrooms | 5 | 6 | +20.0% |
| 55+ Bedrooms | 5 | 3 | -40.0% |
Summary: Sumpter 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 increased by +33.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes decreased by -40.0%.
Asking Price vs. Sold Price
How much do homes in Sumpter Township, MI cost?
Over Asking Price4 Homes
At Asking Price3 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Sumpter Township, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Sumpter Township in December 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and and 40% were sold over asking.
Days on Market for Sumpter Township, MI
How long does it take to sell a home in Sumpter Township, MI?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Many homes in Sumpter Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 10 homes were sold in Sumpter Township; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 40 DaysThis YearDec 2024 | ||
| 63 Days1 year agoDec 2023 | -36.5 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Sumpter Township had an average listing age of 40 days in Dec 2024, down by 36.5% compared to the previous year.
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Newest Listings in Sumpter Township, MI
What homes are available in Sumpter Township, MI?
$2,077 Closing Credit¹
Stacie Dugas, Listing Office: The Charles Reinhart Company
$6,116 Closing Credit¹
Terry Gazaui, Listing Office: Brookstone, REALTORS(r)
$1,781 Closing Credit¹
Adrena Holman, Tiffanie Turrentine, Listing Office: EXP Realty LLC
$2,730 Closing Credit¹
Joseph Rauti, Maria Lacaria, Listing Office: Century 21 Curran & Oberski
$2,730 Closing Credit¹
Nicholas Thwany, Listing Office: TrustLink Real Estate
Backup offers
$3,563 Closing Credit¹
Brad Jordan, Listing Office: Realty Experts, LLC
$4,513 Closing Credit¹
Susan M Weis, Listing Office: EXP Realty LLC
$3,325 Closing Credit¹
Karen Lee-Lemieux, Listing Office: KW Showcase Realty
$3,194 Closing Credit¹
Hiba Bilbeisi, Listing Office: Real Estate One
Therese Antonelli, Harold Silverman, Listing Office: Moving The Mitten RE Group Inc
Gwendolyn Mitchell, Listing Office: Real Estate One, Inc.
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and Michigan Regional Information Center LLC for the period 01/01/2023 - 01/01/2025
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.
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: 1/17/2025, 11:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 1/17/2025, 11:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.