Is Boston Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Boston Township has remained a Seller's Market.
Housing Prices in Boston Township, MI
How much do homes in Boston Township, MI cost?
Median Sold Price
$310,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Boston Township was $310,000 in April 2024, up 12.7% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.5K | $333.9K | +78.1% |
2 Bedrooms | $177.7K | $178.4K | 0.4% |
3 Bedrooms | $265K | $306.5K | +15.7% |
4 Bedrooms | $297.5K | $327.5K | +10.1% |
5+ Bedrooms | $425K | $310K | -27.1% |
Summary: Boston Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.1%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 27.1%.
Median Sold Price Compared To Nearby Cities
Saranac | $215.5K | $260K | +20.6% |
Boston Township | $275K | $310K | +12.7% |
Easton Township | $222.5K | $224.5K | +0.9% |
Berlin Township | $260K | $253K | -2.7% |
Housing Supply in Boston Township, MI
How many homes are available in Boston Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Summary: The Boston Township real estate market had 14 homes for sale in April 2024, a 6.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Boston Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Boston Township in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Boston Township, MI
How long does it take to sell a home in Boston Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 10 Days | -9.1% |
Summary: Homes in Boston Township had an average of 10 days on market in Apr 2024, down by 9.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Boston 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.