Is Au Gres, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Au Gres is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Au Gres was a Seller's Market.

Key Takeaway

Au Gres is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Au Gres, MI

How much do homes in Au Gres, MI cost?

Median Sold Price

$210,250

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$10,250(+5.1%)

Key Takeaway

Homes in Au Gres have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Au Gres was $210,250 in September 2024, up 5.1% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $147.5K$79.9K
-45.8%
2 $163.2K$174K
+6.6%
3 $213.5K$215K
+0.7%
4 $352K$265K
-24.7%
5+ --
N/A

Summary: Au Gres housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.8%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 24.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Au Gres
+5.1%
Au Gres Township
+3.8%
Sims Township
-0.1%

Housing Supply in Au Gres, MI

How many homes are available in Au Gres, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4037-7.5%

Summary: The Au Gres real estate market had 37 homes for sale in September 2024, a 7.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 55
0.0%
2 1210
-16.7%
3 1919
0.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Au Gres housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Au Gres, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Au Gres in September 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Au Gres, MI

How long does it take to sell a home in Au Gres, MI?

Average Sale Time

Sep 2023Sep 2024CHANGE
85 Days79 Days-6.5%

Summary: Homes in Au Gres had an average of 79 days on market in Sep 2024, down by 6.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Au Gres has remained consistent over time.

Summary: During September 2024, 6 homes were sold in Au Gres; 0% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 17% 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 Au Gres, MI

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