Is Arlington Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arlington Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Arlington Township has remained a Seller's Market.

Key Takeaway

Arlington Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Arlington Township, MI

How much do homes in Arlington Township, MI cost?

Median Sold Price

$310,950

$308/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$30,450(+10.9%)

Key Takeaway

Homes in Arlington Township have sold for 10.9% more than they did a month ago.

Summary: The median home sold price in Arlington Township was $310,950 in September 2024, up 10.9% from last month, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 $38K-
N/A
2 $300K$274.9K
-8.4%
3 $391K-
N/A
4 -$347K
N/A
5+ $110K-
N/A

Summary: Arlington Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Arlington Township
+10.9%
Waverly Township
-34.0%

Housing Supply in Arlington Township, MI

How many homes are available in Arlington Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1310-23.1%

Summary: The Arlington Township real estate market had 10 homes for sale in September 2024, a 23.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 53
-40.0%
4 34
+33.3%
5+ 21
-50.0%

Summary: The Arlington Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arlington Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Arlington Township in September 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Arlington Township, MI

How long does it take to sell a home in Arlington Township, MI?

Average Sale Time

Aug 2024Sep 2024CHANGE
102 Days12 Days-87.8%

Summary: Homes in Arlington Township had an average of 12 days on market in Sep 2024, down by 87.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Arlington Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Arlington Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Arlington Township, MI

Nearby Markets to Arlington Township, MI

What housing markets are near Arlington Township, MI?