Is York Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, York Charter Township was a Seller's Market.
Key Takeaway
York Charter Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in York Charter Township, MI
How much do homes in York Charter Township, MI cost?
Median Sold Price
$550,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in York Charter Township have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in York Charter Township was $550,000 in May 2024, up 10.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $155K | $129.7K | -16.3% |
| 3 Bedrooms | $404K | $420.5K | +4.1% |
| 4 Bedrooms | $525K | $585K | +11.4% |
| 5+ Bedrooms | $465K | $695K | +49.5% |
Summary: York Charter 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 16.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 49.5%.
Median Sold Price Compared To Nearby Cities
| Milan | $260K | $295K | +13.5% |
| York Charter Township | $497.5K | $550K | +10.6% |
| Pittsfield Charter Township | $438.7K | $447.6K | +2.0% |
| Augusta Charter Township | $335K | $338.5K | +1.0% |
| Saline | $425K | $420K | -1.2% |
Housing Supply in York Charter Township, MI
How many homes are available in York Charter Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The York Charter Township real estate market had 18 homes for sale in May 2024, a 10.0% decrease 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 | 4 | 3 | -25.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The York Charter 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 decreased by 25%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in York Charter Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in York Charter Township in May 2024, down by 75.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for York Charter Township, MI
How long does it take to sell a home in York Charter Township, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 30 Days | 28 Days | -5.5% |
Summary: Homes in York Charter Township had an average of 28 days on market in May 2024, down by 5.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in York Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in York Charter Township; 50% of homes were sold within 30 days, 50% 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.