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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Attica Township is a seller's market

Buyer's
Market

Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Attica Township, MI

How much do homes in Attica Township, MI cost?

Median Sold Price

$250,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$52,601(-17.4%)

Key Takeaway

Homes in Attica Township have sold for 17.4% less than they did a year ago.

Summary: The median home sold price in Attica Township was $250,000 in January 2024, down 17.4% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $111K-
N/A
2 $226.5K$194.5K
-14.1%
3 $296K$253.7K
-14.3%
4 $330K$388K
+17.6%
5+ $415.5K$262.5K
-36.8%

Summary: Attica Township housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 36.8%.

Median Sold Price Compared To Nearby Cities

Dryden Township
-1.9%
Imlay Township
-11.6%
Attica Township
-17.4%

Housing Supply in Attica Township, MI

How many homes are available in Attica Township, MI?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
1516+6.7%

Summary: The Attica Township real estate market had 16 homes for sale in January 2024, a 6.7% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1012
+20.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Attica Township housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Attica Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Attica Township in January 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Attica Township, MI

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

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 5 homes were sold in Attica Township; 80% of homes were sold within 30 days, 20% 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 27 Days Ago

Newest Listings in Attica Township, MI

Nearby Markets to Attica Township, MI

What housing markets are near Attica Township, MI?