Is Buel Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Buel Township has remained a Seller's Market.
Housing Prices in Buel Township, MI
How much do homes in Buel Township, MI cost?
Median Sold Price
$65,000
$49/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Buel Township was $65,000 in March 2024, up 4.9% from last year, and the median price per square foot was $49.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $34K | $125K | +267.6% |
3 Bedrooms | $59.9K | $64.9K | +8.4% |
4 Bedrooms | $185K | $57.9K | -68.7% |
5+ Bedrooms | $150K | $189.9K | +26.6% |
Summary: Buel 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 267.6%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 68.7%, and 5+ bedroom homes increased by 26.6%.
Median Sold Price Compared To Nearby Cities
Lexington Township | $205.5K | $220K | +7.1% |
Buel Township | $61.9K | $65K | +4.9% |
Washington Township | $405K | $424.8K | +4.9% |
Housing Supply in Buel Township, MI
How many homes are available in Buel Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Summary: The Buel Township real estate market had 5 homes for sale in March 2024, the same as 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 | 3 | 3 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Buel 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
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 Buel Township in March 2024, up by 100.0% month-over-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 Buel Township, MI
How long does it take to sell a home in Buel Township, MI?
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 Buel 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.