Is Au Sable 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, Au Sable Charter Township was a Seller's Market.
Key Takeaway
Au Sable Charter Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Au Sable Charter Township, MI
How much do homes in Au Sable Charter Township, MI cost?
Median Sold Price
$185,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Au Sable Charter Township have sold for 54.2% more than they did a year ago.
Summary: The median home sold price in Au Sable Charter Township was $185,000 in May 2024, up 54.2% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $98K | $210K | +114.3% |
| 3 Bedrooms | $120K | $145K | +20.8% |
| 4 Bedrooms | $355K | $185K | -47.9% |
| 5+ Bedrooms | $210K | - | N/A |
Summary: Au Sable 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 increased by 114.3%, 3 bedroom homes increased by 20.8%, 4 bedroom homes decreased by 47.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Au Sable Charter Township | $120K | $185K | +54.2% |
| Oscoda Charter Township | $130K | $161.5K | +24.2% |
| Oscoda | $120K | $148K | +23.3% |
Housing Supply in Au Sable Charter Township, MI
How many homes are available in Au Sable Charter Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The Au Sable Charter Township real estate market had 6 homes for sale in May 2024, a 20.0% 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 | 1 | +100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Au Sable 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Au Sable Charter Township, 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 Au Sable Charter Township in May 2024, up by 100.0% 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 Au Sable Charter Township, MI
How long does it take to sell a home in Au Sable Charter Township, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 6 Days | 76 Days | +1166.7% |
Summary: Homes in Au Sable Charter Township had an average of 76 days on market in May 2024, up by 1166.7% compared to last year.
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
Key Takeaway
Avg time on Rocket Homes in Au Sable Charter Township has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Au Sable Charter Township; 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.
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