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.
Key Takeaway
New Haven Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
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
Key Takeaway
Homes in New Haven Township have sold for 1.9% more than they did a year ago.
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
Key Takeaway
If you're buying a home in New Haven 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 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
Key Takeaway
Many homes in New Haven Township are selling fast, if you're buying plan to act quickly.
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.
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. 
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.