Is Acme Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Acme Township has remained a Buyer's Market.
Key Takeaway
Acme Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Acme Township, MI
How much do homes in Acme Township, MI cost?
Median Sold Price
$376,450
$219/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Acme Township have sold for 37.3% less than they did a month ago.
Summary: The median home sold price in Acme Township was $376,450 in June 2024, down 37.3% from last month, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $340K | $279.5K | -17.8% |
| 3 Bedrooms | $966.2K | $376.4K | -61.0% |
| 4 Bedrooms | $600K | - | N/A |
| 5+ Bedrooms | $2.6M | $649K | -75.0% |
Summary: Acme Township housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.8%, 3 bedroom homes decreased by 61%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 75%.
Median Sold Price Compared To Nearby Cities
| Whitewater Township | $625K | $447.5K | -28.4% |
| Acme Township | $600K | $376.4K | -37.3% |
Housing Supply in Acme Township, MI
How many homes are available in Acme Township, MI?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 35 | 46 | +31.4% |
Summary: The Acme Township real estate market had 46 homes for sale in June 2024, a 31.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 8 | 12 | +50.0% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Acme Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Acme Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Acme Township in June 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Acme Township, MI
How long does it take to sell a home in Acme Township, MI?
Average Sale Time
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 99 Days | 29 Days | -69.9% |
Summary: Homes in Acme Township had an average of 29 days on market in Jun 2024, down by 69.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Acme Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 4 homes were sold in Acme Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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