Is Ash Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ash Township has remained a Seller's Market.
Key Takeaway
Ash Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ash Township, MI
How much do homes in Ash Township, MI cost?
Median Sold Price
$290,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ash Township have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Ash Township was $290,000 in May 2024, up 11.5% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $190K | $163.5K | -13.9% |
| 3 Bedrooms | $251.7K | $268.5K | +6.7% |
| 4 Bedrooms | $300K | $392K | +30.7% |
| 5+ Bedrooms | $280K | $427.5K | +52.7% |
Summary: Ash Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.9%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes increased by 52.7%.
Median Sold Price Compared To Nearby Cities
| Huron Charter Township | $300K | $335.5K | +11.8% |
| Ash Township | $260K | $290K | +11.5% |
| Carleton | $270K | $289K | +7.0% |
| Berlin Charter Township | $279.9K | $292K | +4.3% |
| Flat Rock | $305.5K | $312.9K | +2.4% |
Housing Supply in Ash Township, MI
How many homes are available in Ash Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Summary: The Ash Township real estate market had 17 homes for sale in May 2024, a 21.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ash Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ash Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Ash Township in May 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for Ash Township, MI
How long does it take to sell a home in Ash Township, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 33 Days | 9 Days | -72.6% |
Summary: Homes in Ash Township had an average of 9 days on market in May 2024, down by 72.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ash Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 8 homes were sold in Ash Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.