Is Hartford 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, Hartford Township has remained a Seller's Market.
Key Takeaway
Hartford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hartford Township, MI
How much do homes in Hartford Township, MI cost?
Median Sold Price
$160,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hartford Township have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Hartford Township was $160,000 in May 2024, up 2.7% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $77.5K | N/A |
| 2 Bedrooms | $150K | $105K | -30.0% |
| 3 Bedrooms | $159.2K | $171K | +7.4% |
| 4 Bedrooms | $148K | $180K | +21.6% |
| 5+ Bedrooms | $250K | $65K | -74.0% |
Summary: Hartford 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 30%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes decreased by 74%.
Median Sold Price Compared To Nearby Cities
| Bangor Township | $152.5K | $200K | +31.1% |
| Keeler Township | $215K | $260K | +20.9% |
| Lawrence Township | $215.6K | $224.5K | +4.1% |
| Hartford Township | $155.7K | $160K | +2.7% |
| Hartford | $161K | $150.5K | -6.5% |
Housing Supply in Hartford Township, MI
How many homes are available in Hartford Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 18 | +63.6% |
Summary: The Hartford Township real estate market had 18 homes for sale in May 2024, a 63.6% 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 7 | 11 | +57.1% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Hartford 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 25%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 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 Hartford Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Hartford Township in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Hartford Township, MI
How long does it take to sell a home in Hartford Township, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 64 Days | +135.6% |
Summary: Homes in Hartford Township had an average of 64 days on market in May 2024, up by 135.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hartford Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Hartford Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
