Is Bloomingdale 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, Bloomingdale Township was a Seller's Market.
Housing Prices in Bloomingdale Township, MI
How much do homes in Bloomingdale Township, MI cost?
Median Sold Price
$220,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bloomingdale Township was $220,000 in March 2024, up 46.8% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | - | N/A |
2 Bedrooms | $121K | $205K | +69.4% |
3 Bedrooms | $152.4K | $194.9K | +27.8% |
4 Bedrooms | $240K | $207.2K | -13.6% |
5+ Bedrooms | $405K | $315K | -22.2% |
Summary: Bloomingdale 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 increased by 69.4%, 3 bedroom homes increased by 27.8%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 22.2%.
Median Sold Price Compared To Nearby Cities
Bloomingdale Township | $149.9K | $220K | +46.8% |
Bloomingdale | $139.9K | $199.9K | +42.9% |
Gobles | $195.5K | $251K | +28.4% |
Cheshire Township | $204K | $197K | -3.4% |
Housing Supply in Bloomingdale Township, MI
How many homes are available in Bloomingdale Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 12 | -14.3% |
Summary: The Bloomingdale Township real estate market had 12 homes for sale in March 2024, a 14.3% decrease 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 | 0 | 2 | +100.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 7 | 4 | -42.9% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Bloomingdale 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 remained the same, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Bloomingdale Township in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Bloomingdale Township, MI
How long does it take to sell a home in Bloomingdale Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
136 Days | 16 Days | -88.2% |
Summary: Homes in Bloomingdale Township had an average of 16 days on market in Mar 2024, down by 88.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Bloomingdale Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.