The Springwells housing market is very competitive. The median sale price of a home in Springwells was $293K last month, up 21.9% since last year. The median sale price per square foot in Springwells is $157, up 21.7% since last year.
What is the housing market like in Springwells today?
In March 2024, Springwells home prices were up 21.9% compared to last year, selling for a median price of $293K. On average, homes in Springwells sell after 4 days on the market compared to 115 days last year. There were 4 homes sold in March this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$292,500
+21.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Springwells, MI
$292,500
+21.9%
United States
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How hot is the Springwells housing market?
Springwells is very competitive. Homes sell in 11 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 11 days.
Hot homes
can sell for about 4% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Springwells housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Springwells.
Risk Factor
Flood Factor - Moderate
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Springwells has a moderate risk of flooding. 785 properties in Springwells are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in Springwells. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Springwells has a minor risk of wildfire. There are 3 properties in Springwells that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Springwells.
Springwells has minimal risk of severe winds over the next 30 years
Wind Factor
Springwells has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.