Is Green Charter 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, Green Charter Township has remained a Seller's Market.
Key Takeaway
Green Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Green Charter Township, MI
How much do homes in Green Charter Township, MI cost?
Median Sold Price
$227,450
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Green Charter Township have sold for 26.4% more than they did a year ago.
Summary: The median home sold price in Green Charter Township was $227,450 in April 2024, up 26.4% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $179.9K | N/A |
| 2 Bedrooms | $143K | $150K | +4.9% |
| 3 Bedrooms | $180K | $229.9K | +27.8% |
| 4 Bedrooms | $220K | $235K | +6.8% |
| 5+ Bedrooms | $154K | $270K | +75.3% |
Summary: Green Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 75.3%.
Median Sold Price Compared To Nearby Cities
| Richmond Township | $163K | $277.4K | +70.2% |
| Paris | $160K | $205K | +28.1% |
| Green Charter Township | $180K | $227.4K | +26.4% |
| Grant Township | $213K | $226K | +6.1% |
| Big Rapids Charter Township | $206K | $205K | -0.5% |
Housing Supply in Green Charter Township, MI
How many homes are available in Green Charter Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Summary: The Green Charter Township real estate market had 16 homes for sale in April 2024, a 45.5% 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 | 1 | 4 | +300.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Green Charter 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 300%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Green Charter Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Green Charter Township in April 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Green Charter Township, MI
How long does it take to sell a home in Green Charter Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 19 Days | 70 Days | +268.4% |
Summary: Homes in Green Charter Township had an average of 70 days on market in Apr 2024, up by 268.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Green Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Green Charter Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
