60 homes sold in Homestead Township in the last year, at a typical $479K
Redfin reports Homestead Township’s sales by ZIP code, so these figures are for ZIP 49617, which takes in Homestead Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Homestead Township homes are listed.
Every place Homestead Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Homestead Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Homestead Township’s sales, at a typical $479K
60 homes sold in the year to May 2026.
typical sale · 60 sold in 12 months
- Per square foot
- $301MI $172
- Days to sell
- 59
- Sold over asking
- 23%
About as many homes sell as usual, at 3 times the 2016 price
60 sales in the last year, against 73 in 2017 and a low of 50 in 2024. The typical sale went from $161K in 2016 to $479K.
Source: Redfin Data Center, MLS sales; for ZIP 49617, which takes in Homestead Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Homestead Township
Check a listing against what Homestead Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Homestead Township are more common than before the pandemic, but 56% fewer homes come up for sale
We read every month of home sales in ZIP 49617 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 60 sales.
If you’re buying in Homestead Township
- Shop in June. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
- Offer under asking. Buyers paid 96.5% of the list price on average; 23% paid over.
- You’ll usually have time. Only 42% of homes go under contract within two weeks; the typical one takes 59 days.
Summer brings the homes; fall brings the bidding wars
July has the most new listings (about 11 a month), but September is the most competitive: 27% of September sales close over asking. December has the least competition (13%) but only about 4 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Michigan
| Homestead Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 23% | 12% | 31% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 42% | 2% | 20% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 96.5% | 95.1% | 99.9% | 98.4% |
| Days to sellMedian days from listing to contract | 59 | 151 | 51 | 33 |
16 homes for sale on a typical day
That’s 1.9 times the 2021 low (9), 56% fewer than in 2017–19 and well under 2014’s 49.
Source: Redfin Data Center, ZIP code tracker; for ZIP 49617, which takes in Homestead Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Homestead Township home costs about $2,783 a month
Price: Homestead Township’s typical sale, last 12 months. Property tax at Homestead Township’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Homestead Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $479K home, about $3,400 a year.
Taxes vs. neighborsSchools
The schools grade for Homestead Township, from test results, graduation and how much students grow.
Schools in Homestead TownshipTypical commute
The average one-way trip to work for people who live in Homestead Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Crystal Mountain, Grawn, Chums Corner and Greilickville sell for less a square foot; Empire Township for far more
The busier markets within 25 miles of Homestead Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Traverse City | 362 | $406K | $358 | 16% | 74 |
| Homestead Township (ZIP 49617) | 60 | $479K | $301 | 23% | 59 |
| Crystal Mountain | 46 | $361K | $263 | 22% | 60 |
| Greilickville | 33 | $509K | $257 | 27% | 61 |
| Chums Corner | 30 | $493K | $260 | 17% | 48 |
| Empire Township | 25 | $552K | $380 | 52% | 155 |
| Grawn | 25 | $252K | $222 | 24% | 47 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Homestead Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Homestead Township. People who follow the town see it, and so do people comparing Homestead Township with their own town. No commission, no listing fee.
Questions about buying a home in Homestead Township
What do homes sell for in Homestead Township, MI?
60 homes sold in the year to May 2026 at a typical $479K, $301 a square foot.
Is Homestead Township a buyer’s or seller’s market?
A buyer’s market: 16 homes were for sale in May 2026 and 2 sold, about 7 months of supply. Buyers paid 96.5% of asking on average.
When is the best time to buy in Homestead Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Homestead Township?
About 0.7% of a home’s value a year. On a $479K home that’s near $3,400.
Where can I see homes for sale in Homestead Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Homestead Township’s MLS listings; the search links above open each one filtered to Homestead Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 49617, which takes in Homestead Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).