Is Ash Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Ash Township has remained a Seller's Market.
Key Takeaway
Ash Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ash Township, MI
How much do homes in Ash Township, MI cost?
Median Sold Price
$265,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Ash Township have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Ash Township was $265,000 in March 2024, up 1.9% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $175K | $163.5K | -6.6% |
| 3 Bedrooms | $245K | $252K | +2.9% |
| 4 Bedrooms | $340K | $320K | -5.9% |
| 5+ Bedrooms | $220K | $355K | +61.4% |
Summary: Ash Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 61.4%.
Median Sold Price Compared To Nearby Cities
| Carleton | $219.7K | $274.7K | +25.1% |
| Huron Charter Township | $304.3K | $330K | +8.4% |
| Ash Township | $260K | $265K | +1.9% |
| Flat Rock | $299.9K | $302.5K | +0.9% |
| Berlin Charter Township | $285K | $280K | -1.8% |
Housing Supply in Ash Township, MI
How many homes are available in Ash Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Ash Township real estate market had 9 homes for sale in March 2024, a 10.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ash Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ash Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Ash Township in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Ash Township, MI
How long does it take to sell a home in Ash Township, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 152 Days | 17 Days | -88.4% |
Summary: Homes in Ash Township had an average of 17 days on market in Mar 2024, down by 88.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ash Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Ash Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.