Is Huron 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
At the same time last year, Huron Charter Township was a Seller's Market.
Key Takeaway
Huron Charter Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Huron Charter Township, MI
How much do homes in Huron Charter Township, MI cost?
Median Sold Price
$327,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Huron Charter Township have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Huron Charter Township was $327,500 in April 2024, up 5.6% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97.5K | - | N/A |
| 2 Bedrooms | $210K | $215K | +2.4% |
| 3 Bedrooms | $300K | $332.5K | +10.8% |
| 4 Bedrooms | $395K | $375K | -5.1% |
| 5+ Bedrooms | $540K | $514K | -4.8% |
Summary: Huron 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 2.4%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
| Ash Township | $252.5K | $277K | +9.7% |
| Romulus | $174.5K | $190.6K | +9.3% |
| Brownstown Charter Township | $275.1K | $295K | +7.2% |
| Huron Charter Township | $310K | $327.5K | +5.6% |
| Flat Rock | $300K | $311.4K | +3.8% |
Housing Supply in Huron Charter Township, MI
How many homes are available in Huron Charter Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 25 | -21.9% |
Summary: The Huron Charter Township real estate market had 25 homes for sale in April 2024, a 21.9% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Huron 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 decreased by 66.7%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 3 | -86.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Huron Charter Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Huron Charter Township in April 2024, down by 86.4% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Huron Charter Township, MI
How long does it take to sell a home in Huron Charter Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 88 Days | 13 Days | -84.6% |
Summary: Homes in Huron Charter Township had an average of 13 days on market in Apr 2024, down by 84.6% compared to last year.
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
Key Takeaway
Many homes in Huron Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Huron Charter 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.
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.