Is Helena Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Helena Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Helena Township was a Seller's Market.

Key Takeaway

Helena 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 Helena Township, MI

How much do homes in Helena Township, MI cost?

Median Sold Price

$595,000

$626/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$505,000(-45.9%)

Key Takeaway

Homes in Helena Township have sold for 45.9% less than they did a month ago.

Summary: The median home sold price in Helena Township was $595,000 in May 2024, down 45.9% from last month, and the median price per square foot was $626.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.1M$595K
-45.9%
4 --
N/A
5+ --
N/A

Summary: Helena Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 45.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Helena Township, MI

How many homes are available in Helena Township, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
660.0%

Summary: The Helena Township real estate market had 6 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Helena 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Helena Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Helena Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Helena Township, MI

How long does it take to sell a home in Helena Township, MI?

Average Sale Time

Apr 2024May 2024CHANGE
51 Days10 Days-80.4%

Summary: Homes in Helena Township had an average of 10 days on market in May 2024, down by 80.4% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Helena Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Helena 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Helena Township, MI

Nearby Markets to Helena Township, MI

What housing markets are near Helena Township, MI?