Is Acme Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
Since last year, Acme Township has remained a Seller's Market.
Key Takeaway
Acme Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Acme Township, MI cost?
Median Sold Price
$415,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$50,000(+13.7%)
Key Takeaway
Homes in Acme Township have sold for 13.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $402.6K | $222.5K | -44.7% |
| 2 Bedrooms | $241.5K | $229.9K | -4.8% |
| 3 Bedrooms | $309K | $405K | +31.1% |
| 4 Bedrooms | $474.9K | $475K | 0.0% |
| 5+ Bedrooms | $721K | $717K | -0.6% |
Median Sold Price Compared To Nearby Cities
| Williamsburg | $357.5K | $465K | +30.1% |
| Acme Township | $365K | $415K | +13.7% |
| Elk Rapids Township | $392.6K | $400K | +1.9% |
How many homes are available in Acme Township, MI?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 15 | 18 | +20.0% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Acme Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 16 Days | 76 Days | +360.6% |
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Acme Township has remained consistent over time.
