Is Howard 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, Howard Township has remained a Seller's Market.
Housing Prices in Howard Township, MI
How much do homes in Howard Township, MI cost?
Median Sold Price
$194,950
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Howard Township was $194,950 in April 2024, down 12.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $35K | $65K | +85.7% |
2 Bedrooms | $141.6K | $128.5K | -9.3% |
3 Bedrooms | $219.7K | $200K | -9.0% |
4 Bedrooms | $294K | $310K | +5.4% |
5+ Bedrooms | $305K | $685K | +124.6% |
Summary: Howard Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.7%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 124.6%.
Median Sold Price Compared To Nearby Cities
Jefferson Township | $225K | $278.2K | +23.7% |
Niles | $157.4K | $184.6K | +17.3% |
Howard Township | $222K | $194.9K | -12.2% |
Housing Supply in Howard Township, MI
How many homes are available in Howard Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Summary: The Howard Township real estate market had 15 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 2 | -60.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Howard 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 60%, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 5 | -44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Howard Township in April 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Howard Township, MI
How long does it take to sell a home in Howard Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 71 Days | +107.1% |
Summary: Homes in Howard Township had an average of 71 days on market in Apr 2024, up by 107.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Howard Township; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.