Is Hamlin Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hamlin Township was a Seller's Market.
Housing Prices in Hamlin Township, MI
How much do homes in Hamlin Township, MI cost?
Median Sold Price
$350,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hamlin Township was $350,000 in April 2024, the same as last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | - | N/A |
2 Bedrooms | $170K | $260K | +52.9% |
3 Bedrooms | $330K | $342.5K | +3.8% |
4 Bedrooms | $433K | $345K | -20.3% |
5+ Bedrooms | $711K | $692.5K | -2.6% |
Summary: Hamlin 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 52.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Cities
Grant Township | $214K | $235K | +9.8% |
Amber Township | $284.2K | $307.5K | +8.2% |
Hamlin Township | $349.9K | $350K | 0.0% |
Housing Supply in Hamlin Township, MI
How many homes are available in Hamlin Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Summary: The Hamlin Township real estate market had 12 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Hamlin 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Hamlin Township in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Hamlin Township, MI
How long does it take to sell a home in Hamlin Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 4 Days | 0.0% |
Summary: Homes in Hamlin Township had an average of 4 days on market in Apr 2024, the same as last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Hamlin 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.