Is Big Creek 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, Big Creek Township was a Seller's Market.
Key Takeaway
Big Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Big Creek Township, MI
How much do homes in Big Creek Township, MI cost?
Median Sold Price
$85,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Big Creek Township have sold for 15% less than they did a year ago.
Summary: The median home sold price in Big Creek Township was $85,000 in March 2024, down 15% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55.9K | $43.7K | -21.8% |
| 2 Bedrooms | $68.4K | $77.5K | +13.2% |
| 3 Bedrooms | $145K | $152.5K | +5.2% |
| 4 Bedrooms | $454K | $170K | -62.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Big Creek Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.8%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 62.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mio | $113.9K | $97.5K | -14.4% |
| Big Creek Township | $100K | $85K | -15.0% |
Housing Supply in Big Creek Township, MI
How many homes are available in Big Creek Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Summary: The Big Creek Township real estate market had 16 homes for sale in March 2024, a 45.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Big Creek 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Big Creek Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Big Creek Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Big Creek Township, MI
We’re sorry, we don't have information for this market at the moment
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