Is Augusta Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Augusta Charter Township was a Seller's Market.
Key Takeaway
Augusta Charter 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 Augusta Charter Township, MI
How much do homes in Augusta Charter Township, MI cost?
Median Sold Price
$349,900
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Augusta Charter Township have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Augusta Charter Township was $349,900 in March 2024, up 2.9% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160K | N/A |
| 2 Bedrooms | $213K | $190K | -10.8% |
| 3 Bedrooms | $293.5K | $305K | +3.9% |
| 4 Bedrooms | $405K | $395.5K | -2.3% |
| 5+ Bedrooms | $537.5K | $471K | -12.4% |
Summary: Augusta Charter Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 12.4%.
Median Sold Price Compared To Nearby Cities
| Willis | $275.5K | $301.5K | +9.4% |
| Ypsilanti Charter Township | $265K | $274K | +3.4% |
| Augusta Charter Township | $340K | $349.9K | +2.9% |
| Sumpter Township | $280K | $275K | -1.8% |
Housing Supply in Augusta Charter Township, MI
How many homes are available in Augusta Charter Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 36 | +2.9% |
Summary: The Augusta Charter Township real estate market had 36 homes for sale in March 2024, a 2.9% 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Augusta Charter 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 66.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Augusta Charter Township, 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 Augusta Charter Township in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Augusta Charter Township, MI
How long does it take to sell a home in Augusta Charter Township, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 15 Days | 50 Days | +234.4% |
Summary: Homes in Augusta Charter Township had an average of 50 days on market in Mar 2024, up by 234.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Augusta Charter Township has remained consistent over time.
Summary: During March 2024, 6 homes were sold in Augusta Charter Township; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.