The Knollwood housing market is somewhat competitive. The median sale price of a home in Knollwood was $110K last month, down 54.2% since last year. The median sale price per square foot in Knollwood is $121, down 22.4% since last year.
What is the housing market like in Knollwood today?
In March 2024, Knollwood home prices were down 54.2% compared to last year, selling for a median price of $110K. On average, homes in Knollwood sell after 20 days on the market compared to 50 days last year. There were 3 homes sold in March this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$110,000
-54.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Knollwood, MI
$110,000
-54.2%
United States
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How hot is the Knollwood housing market?
Knollwood is somewhat competitive. Homes sell in 18.5 days.
0
100
56
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 19 days.
Hot homes
can sell for about 2% above list price and go pending in around 3 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 Knollwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Knollwood.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Knollwood has a moderate risk of flooding. 18 properties in Knollwood are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Knollwood. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Knollwood has a minor risk of wildfire. There are 3 properties in Knollwood that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Knollwood.