Is Bloomer 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, Bloomer Township has remained a Seller's Market.
Key Takeaway
Bloomer Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bloomer Township, MI
How much do homes in Bloomer Township, MI cost?
Median Sold Price
$292,000
$134/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
Key Takeaway
Homes in Bloomer Township have sold for 53.2% more than they did a month ago.
Summary: The median home sold price in Bloomer Township was $292,000 in September 2024, up 53.2% from last month, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $219.9K | $330K | +50.1% |
| 3 Bedrooms | - | $275K | N/A |
| 4 Bedrooms | $161.4K | - | N/A |
| 5+ Bedrooms | - | $309K | N/A |
Summary: Bloomer Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 50.1%, 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
| Crystal Township | $177.5K | $282.5K | +59.2% |
| Bloomer Township | $190.6K | $292K | +53.2% |
| Carson City | $190.6K | $275K | +44.2% |
| New Haven Township | $309.9K | $288K | -7.1% |
Housing Supply in Bloomer Township, MI
How many homes are available in Bloomer Township, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Bloomer Township real estate market had 5 homes for sale in September 2024, a 16.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bloomer Township housing inventory by bedroom type for September 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
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomer Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Bloomer Township in September 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bloomer Township, MI
How long does it take to sell a home in Bloomer Township, MI?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 Days | 116 Days | +828.0% |
Summary: Homes in Bloomer Township had an average of 116 days on market in Sep 2024, up by 828% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Bloomer Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 4 homes were sold in Bloomer Township; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
