Is Bath 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
Since last year, Bath Charter Township has remained a Seller's Market.
Housing Prices in Bath Charter Township, MI
How much do homes in Bath Charter Township, MI cost?
Median Sold Price
$338,950
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bath Charter Township was $338,950 in March 2024, up 5.2% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $140.4K | N/A |
2 Bedrooms | $233K | $175K | -24.9% |
3 Bedrooms | $267.5K | $310K | +15.9% |
4 Bedrooms | $438K | $410K | -6.4% |
5+ Bedrooms | $518.9K | $682K | +31.4% |
Summary: Bath 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 24.9%, 3 bedroom homes increased by 15.9%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 31.4%.
Median Sold Price Compared To Nearby Cities
Haslett | $266.5K | $296K | +11.1% |
East Lansing | $265.5K | $280K | +5.5% |
Bath Charter Township | $322.1K | $338.9K | +5.2% |
Housing Supply in Bath Charter Township, MI
How many homes are available in Bath Charter Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 33 | -13.2% |
Summary: The Bath Charter Township real estate market had 33 homes for sale in March 2024, a 13.2% decrease 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 | 8 | 5 | -37.5% |
3 Bedrooms | 13 | 8 | -38.5% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Bath 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 decreased by 37.5%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Bath Charter Township in March 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Bath Charter Township, MI
How long does it take to sell a home in Bath Charter Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 26 Days | -35.8% |
Summary: Homes in Bath Charter Township had an average of 26 days on market in Mar 2024, down by 35.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Bath Charter Township; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.