Is Texas 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, Texas Charter Township has remained a Seller's Market.
Housing Prices in Texas Charter Township, MI
How much do homes in Texas Charter Township, MI cost?
Median Sold Price
$469,250
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Texas Charter Township was $469,250 in April 2024, up 3.1% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $269.5K | N/A |
2 Bedrooms | $235K | $276.1K | +17.5% |
3 Bedrooms | $350K | $353K | +0.9% |
4 Bedrooms | $440K | $458K | +4.1% |
5+ Bedrooms | $570K | $595K | +4.4% |
Summary: Texas Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Cities
Kalamazoo | $185.3K | $222K | +19.8% |
Texas Charter Township | $455K | $469.2K | +3.1% |
Oshtemo Charter Township | $320K | $324.9K | +1.5% |
Portage | $264.9K | $268.1K | +1.2% |
Housing Supply in Texas Charter Township, MI
How many homes are available in Texas Charter Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 64 | -8.6% |
Summary: The Texas Charter Township real estate market had 64 homes for sale in April 2024, a 8.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 31 | 27 | -12.9% |
5+ Bedrooms | 23 | 22 | -4.3% |
Summary: The Texas Charter 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 4.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Texas Charter Township in April 2024, up by 13.3% month-over-month. Of the 17 sold homes, 35% were sold under asking, 53% were sold at asking, and 12% were sold over asking.
Days on Market for Texas Charter Township, MI
How long does it take to sell a home in Texas Charter Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 39 Days | +65.0% |
Summary: Homes in Texas Charter Township had an average of 39 days on market in Apr 2024, up by 65% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Texas Charter Township; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.