Is Hastings Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hastings Charter Township has remained a Seller's Market.
Housing Prices in Hastings Charter Township, MI
How much do homes in Hastings Charter Township, MI cost?
Median Sold Price
$228,150
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hastings Charter Township was $228,150 in April 2024, down 4.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $62.5K | $129K | +106.4% |
2 Bedrooms | $169K | $181K | +7.1% |
3 Bedrooms | $221K | $225.7K | +2.1% |
4 Bedrooms | $270K | $266.5K | -1.3% |
5+ Bedrooms | $310.5K | $308.2K | -0.7% |
Summary: Hastings Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106.4%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
Castleton Township | $160K | $190K | +18.8% |
Hastings | $217.4K | $229.9K | +5.7% |
Hastings Charter Township | $238.4K | $228.1K | -4.3% |
Housing Supply in Hastings Charter Township, MI
How many homes are available in Hastings Charter Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 54 | +10.2% |
Summary: The Hastings Charter Township real estate market had 54 homes for sale in April 2024, a 10.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 23 | 27 | +17.4% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Hastings Charter Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 20 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Hastings Charter Township in April 2024, up by 100.0% month-over-month. Of the 20 sold homes, 30% were sold under asking, 25% were sold at asking, and 45% were sold over asking.
Days on Market for Hastings Charter Township, MI
How long does it take to sell a home in Hastings Charter Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 19 Days | -70.8% |
Summary: Homes in Hastings Charter Township had an average of 19 days on market in Apr 2024, down by 70.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Hastings Charter Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.