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 buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Au Gres has remained a Buyer's Market.

Key Takeaway

Au Gres is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Au Gres, MI

How much do homes in Au Gres, MI cost?

Median Sold Price

$300,000

$180/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$190,000(+172.7%)

Key Takeaway

Homes in Au Gres have sold for 172.7% more than they did a month ago.

Summary: The median home sold price in Au Gres was $300,000 in February 2024, up 172.7% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 -$300K
N/A
3 $110K-
N/A
4 --
N/A
5+ --
N/A

Summary: Au Gres housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Au Gres
+172.7%
Au Gres Township
+172.7%

Housing Supply in Au Gres, MI

How many homes are available in Au Gres, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1718+5.9%

Summary: The Au Gres real estate market had 18 homes for sale in February 2024, a 5.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 55
0.0%
3 78
+14.3%
4 33
0.0%
5+ 11
0.0%

Summary: The Au Gres 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 increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Au Gres in February 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% 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

Jan 2024Feb 2024CHANGE
79 Days17 Days-78.5%

Summary: Homes in Au Gres had an average of 17 days on market in Feb 2024, down by 78.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 1 homes were sold in Au Gres; 100% of homes were sold within 30 days, 0% 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 Au Gres, MI

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