Is Ashley, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashley is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ashley has remained a Seller's Market.

Key Takeaway

Ashley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ashley, MI

How much do homes in Ashley, MI cost?

Median Sold Price

$165,000

$101/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$30,000(+22.2%)

Key Takeaway

Homes in Ashley have sold for 22.2% more than they did a month ago.

Summary: The median home sold price in Ashley was $165,000 in May 2024, up 22.2% from last month, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $135K$165K
+22.2%
4 --
N/A
5+ --
N/A

Summary: Ashley 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 22.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ashley, MI

How many homes are available in Ashley, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
34+33.3%

Summary: The Ashley real estate market had 4 homes for sale in May 2024, a 33.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Ashley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ashley, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Ashley in May 2024, the same as the previous 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 Ashley, MI

How long does it take to sell a home in Ashley, MI?

Average Sale Time

Apr 2024May 2024CHANGE
12 Days39 Days+225.0%

Summary: Homes in Ashley had an average of 39 days on market in May 2024, up by 225% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ashley has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Ashley; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

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