Is Charlevoix Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Charlevoix Township was a Neutral Market.
Housing Prices in Charlevoix Township, MI
How much do homes in Charlevoix Township, MI cost?
Median Sold Price
$450,000
$208/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Charlevoix Township was $450,000 in April 2024, up 31.4% from last month, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $75K | N/A |
2 Bedrooms | $400K | $435.9K | +9.0% |
3 Bedrooms | $247.4K | $485K | +96.0% |
4 Bedrooms | - | $465K | N/A |
5+ Bedrooms | $899K | $899K | 0.0% |
Summary: Charlevoix Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 96%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Hayes Township | $245K | $435.9K | +77.9% |
Charlevoix Township | $342.5K | $450K | +31.4% |
Housing Supply in Charlevoix Township, MI
How many homes are available in Charlevoix Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 56 | +14.3% |
Summary: The Charlevoix Township real estate market had 56 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 10 | 8 | -20.0% |
3 Bedrooms | 17 | 22 | +29.4% |
4 Bedrooms | 7 | 12 | +71.4% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Charlevoix Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 13 | +62.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Charlevoix Township in April 2024, up by 62.5% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.
Days on Market for Charlevoix Township, MI
How long does it take to sell a home in Charlevoix Township, MI?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 33 Days | -22.4% |
Summary: Homes in Charlevoix Township had an average of 33 days on market in Apr 2024, down by 22.4% compared to last month.
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
Summary: During April 2024, 13 homes were sold in Charlevoix Township; 0% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.