Is Croton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Croton Township has remained a Buyer's Market.
Housing Prices in Croton Township, MI
How much do homes in Croton Township, MI cost?
Median Sold Price
$278,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Croton Township was $278,000 in April 2024, up 9% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $99K | -41.8% |
2 Bedrooms | $222.5K | $205K | -7.9% |
3 Bedrooms | $272.5K | $275K | +0.9% |
4 Bedrooms | $266.5K | $400K | +50.1% |
5+ Bedrooms | $348.7K | $349.9K | 0.3% |
Summary: Croton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.8%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 50.1%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Cities
Brooks Township | $250K | $306.5K | +22.6% |
Croton Township | $254.9K | $278K | +9.0% |
Reynolds Township | $235K | $230K | -2.1% |
Housing Supply in Croton Township, MI
How many homes are available in Croton Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 27 | +35.0% |
Summary: The Croton Township real estate market had 27 homes for sale in April 2024, a 35.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 7 | 10 | +42.9% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Croton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Croton Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Croton Township, MI
How long does it take to sell a home in Croton Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 13 Days | -72.9% |
Summary: Homes in Croton Township had an average of 13 days on market in Apr 2024, down by 72.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Croton 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.