Is Star 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, Star Township has remained a Seller's Market.
Housing Prices in Star Township, MI
How much do homes in Star Township, MI cost?
Median Sold Price
$249,900
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Star Township was $249,900 in May 2024, up 4.1% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $92K | - | N/A |
2 Bedrooms | - | $198K | N/A |
3 Bedrooms | $239K | $249.9K | +4.6% |
4 Bedrooms | $252.5K | $164.6K | -34.8% |
5+ Bedrooms | $300K | - | N/A |
Summary: Star 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 did not change, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 34.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Star Township | $240K | $249.9K | +4.1% |
Hayes Township | $242.5K | $250K | +3.1% |
Elmira | $237K | $235K | -0.8% |
Housing Supply in Star Township, MI
How many homes are available in Star Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Summary: The Star Township real estate market had 13 homes for sale in May 2024, a 8.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Star 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 increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Star Township in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Star Township, MI
How long does it take to sell a home in Star Township, MI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Star Township; 0% 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.