Is Henrietta Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Henrietta Township has remained a Seller's Market.
Housing Prices in Henrietta Township, MI
How much do homes in Henrietta Township, MI cost?
Median Sold Price
$326,000
$180/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Henrietta Township was $326,000 in May 2024, up 31.2% from last month, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $326K | N/A |
3 Bedrooms | $203K | $285.7K | +40.8% |
4 Bedrooms | $365.7K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Henrietta Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 40.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Henrietta Township | $248.5K | $326K | +31.2% |
Pleasant Lake | $285K | $335K | +17.5% |
Housing Supply in Henrietta Township, MI
How many homes are available in Henrietta Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 10 | -23.1% |
Summary: The Henrietta Township real estate market had 10 homes for sale in May 2024, a 23.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 8 | 5 | -37.5% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Henrietta Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Henrietta Township in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Henrietta Township, MI
How long does it take to sell a home in Henrietta Township, MI?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 Days | 14 Days | -55.6% |
Summary: Homes in Henrietta Township had an average of 14 days on market in May 2024, down by 55.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Henrietta Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.