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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlas Township is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Atlas Township has remained a Seller's Market.

Key Takeaway

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

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.

Key Takeaway

The sold price of homes in Atlas Township has remained the same since last year.

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

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $214.9K$230K
+7.0%
3 $296.2K$288.9K
-2.5%
4 $393.5K$383.4K
-2.6%
5+ $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
+13.6%
Groveland Township
+9.0%
Hadley Township
+2.7%
Atlas Township
0.0%

Housing Supply in Atlas Township, MI

How many homes are available in Atlas Township, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1416+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

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 88
0.0%
4 23
+50.0%
5+ 34
+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 2024Feb 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atlas Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

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 2023Feb 2024CHANGE
31 Days47 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 28 Days Ago

Newest Listings in Atlas Township, MI

Nearby Markets to Atlas Township, MI

What housing markets are near Atlas Township, MI?