Is Au Gres Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Au Gres Township has remained a Buyer's Market.
Key Takeaway
Au Gres Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Au Gres Township, MI
How much do homes in Au Gres Township, MI cost?
Median Sold Price
$195,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Au Gres Township have sold for 27.9% more than they did a year ago.
Summary: The median home sold price in Au Gres Township was $195,000 in May 2024, up 27.9% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $99.9K | -35.5% |
| 2 Bedrooms | $149.9K | $158K | +5.4% |
| 3 Bedrooms | $100K | $201K | +101.0% |
| 4 Bedrooms | $662.5K | $265K | -60.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Au Gres Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.5%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 101%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Au Gres Township | $152.4K | $195K | +27.9% |
| Au Gres | $155K | $195K | +25.8% |
Housing Supply in Au Gres Township, MI
How many homes are available in Au Gres Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 28 | +21.7% |
Summary: The Au Gres Township real estate market had 28 homes for sale in May 2024, a 21.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Au Gres 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 remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Au Gres Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Au Gres Township in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Au Gres Township, MI
How long does it take to sell a home in Au Gres Township, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 45 Days | 64 Days | +42.3% |
Summary: Homes in Au Gres Township had an average of 64 days on market in May 2024, up by 42.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Au Gres Township has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Au Gres Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.