Is Atlas Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Atlas Township has remained a Seller's Market.
Housing Prices in Atlas Township, MI
How much do homes in Atlas Township, MI cost?
Median Sold Price
$325,000
$184/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since February 2023.
Summary: The median home sold price in Atlas Township was $325,000 in February 2024, the same as last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $214.9K | $230K | +7.0% |
3 Bedrooms | $296.2K | $288.9K | -2.5% |
4 Bedrooms | $393.5K | $383.4K | -2.6% |
5+ Bedrooms | $550K | $537K | -2.4% |
Summary: Atlas Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 2.4%.
Median Sold Price Compared To Nearby Cities
Goodrich | $312.5K | $355K | +13.6% |
Groveland Township | $390K | $425K | +9.0% |
Hadley Township | $375K | $385K | +2.7% |
Atlas Township | $325K | $325K | 0.0% |
Housing Supply in Atlas Township, MI
How many homes are available in Atlas Township, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Summary: The Atlas Township real estate market had 16 homes for sale in February 2024, a 14.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Atlas Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Atlas Township in February 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Atlas Township, MI
How long does it take to sell a home in Atlas Township, MI?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
31 Days | 47 Days | +53.2% |
Summary: Homes in Atlas Township had an average of 47 days on market in Feb 2024, up by 53.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 4 homes were sold in Atlas Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.