Is New Haven 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, New Haven Township has remained a Buyer's Market.
Housing Prices in New Haven Township, MI
How much do homes in New Haven Township, MI cost?
Median Sold Price
$289,500
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in New Haven Township was $289,500 in May 2024, up 1.9% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $210K | $66K | -68.6% |
3 Bedrooms | $265K | $275K | +3.8% |
4 Bedrooms | $340.5K | $338.9K | -0.5% |
5+ Bedrooms | $235K | $290K | +23.4% |
Summary: New Haven Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 68.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 23.4%.
Median Sold Price Compared To Nearby Cities
New Haven Township | $284.1K | $289.5K | +1.9% |
Middleton | $132.5K | $134K | +1.1% |
Housing Supply in New Haven Township, MI
How many homes are available in New Haven Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Summary: The New Haven Township real estate market had 17 homes for sale in May 2024, a 6.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The New Haven Township 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 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
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 New Haven Township in May 2024, down by 66.7% 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 New Haven Township, MI
How long does it take to sell a home in New Haven Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
70 Days | 13 Days | -81.6% |
Summary: Homes in New Haven Township had an average of 13 days on market in May 2024, down by 81.6% compared to 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 May 2024, 1 homes were sold in New Haven 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.