Spring Arbor, MI

Seller's market-20.8% YoY

Housing market overview · Updated weekly

$240,000median sale price

Homes sold

3

Last 12 weeks

Days on market

35

Average pace

Active listings

2

0.7 months supply

Sale-to-list

98.6%

Below asking

The Spring Arbor housing market is currently classified as a seller's market with a median sale price of $240,000. Prices have fallen 20.8% compared to last year, with homes spending an average of 35 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Spring Arbor

There are currently 2 homes listed for sale in Spring Arbor, Michigan.

Active listings

2

Homes on market

Avg. days on market

35

Days until sale

Price drops:50.0%of listings
Sale-to-list:98.6%

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Frequently asked questions

What is the average home price in Spring Arbor?

The median home sale price in Spring Arbor is $240,000, down 20.8% from last year.

How long do homes stay on market in Spring Arbor?

Homes typically spend 35 days on market before going under contract.

Is Spring Arbor a buyer's or seller's market?

With 0.7 months of supply, Spring Arbor is currently a seller's market.

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