Is Bismarck Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bismarck Township has remained a Seller's Market.
Key Takeaway
Bismarck Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bismarck Township, MI
How much do homes in Bismarck Township, MI cost?
Median Sold Price
$112,500
$123/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Bismarck Township have sold for 33.8% less than they did a month ago.
Summary: The median home sold price in Bismarck Township was $112,500 in March 2024, down 33.8% from last month, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $112.5K | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $170K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bismarck 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 did not change, 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
| Bismarck Township | $170K | $112.5K | -33.8% |
| Hawks | $170K | $112.5K | -33.8% |
Housing Supply in Bismarck Township, MI
How many homes are available in Bismarck Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Bismarck Township real estate market had 3 homes for sale in March 2024, a 25.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bismarck 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bismarck Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Bismarck Township in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bismarck Township, MI
We’re sorry, we don't have information for this market at the moment
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