Is Au Gres Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Au Gres Township was a Buyer's Market.
Key Takeaway
Au Gres Township 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 Township, MI
How much do homes in Au Gres Township, MI cost?
Median Sold Price
$275,000
$166/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Au Gres Township have sold for 53.6% more than they did a month ago.
Summary: The median home sold price in Au Gres Township was $275,000 in March 2024, up 53.6% from last month, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179K | $624.9K | +249.1% |
| 3 Bedrooms | - | $275K | N/A |
| 4 Bedrooms | - | $159.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Au Gres Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 249.1%, 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 Township | $179K | $275K | +53.6% |
| Au Gres | $179K | $275K | +53.6% |
Housing Supply in Au Gres Township, MI
How many homes are available in Au Gres Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Au Gres Township real estate market had 19 homes for sale in March 2024, a 11.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Au Gres Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Au Gres Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Au Gres Township in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Au Gres Township, MI
How long does it take to sell a home in Au Gres Township, MI?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 95 Days | +177.3% |
Summary: Homes in Au Gres Township had an average of 95 days on market in Mar 2024, up by 177.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Au Gres Township has remained consistent over time.
Summary: During March 2024, 3 homes were sold in Au Gres Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.