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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Augusta Charter Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Augusta Charter Township, MI cost?

Median Sold Price

$353,500

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$45,500(+14.8%)

Key Takeaway

Homes in Augusta Charter Township have sold for 14.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $227.5K$214.5K
-5.7%
3 $267K$295K
+10.5%
4 $354.9K$405K
+14.1%
5+ $364.8K$415K
+13.7%

Median Sold Price Compared To Nearby Cities

Augusta Charter Township
+14.8%
Sumpter Township
+10.0%
London Township
+8.0%
Ypsilanti Charter Township
+7.4%
Willis
+3.8%

How many homes are available in Augusta Charter Township, MI?

Number of Homes For Sale

Oct 2022Nov 2022%
2832+14.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 54
-20.0%
3 1111
0.0%
4 1116
+45.5%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
37+133.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Augusta Charter Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Augusta Charter Township, MI

Augusta Charter Township, MI has 32 homes on the market. The number of listings in Augusta Charter Township, MI increased by 14.3% between October 2022 and November 2022. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 5.7% more cheaper, 3 bedrooms properties prices increased by 10.5%, prices of 4 bedrooms properties increased by 14.1%, 5 bedrooms properties became 13.7% more expensive. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 20%, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes increased by 45.5%, the quantity of 5 bedrooms homes have not changed. In November 2022, from all listings sold in Augusta Charter Township, MI there were more than 2 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price.

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