$3,088 Closing Credit*
$260,000
1,385 SqFt
2 Beds
•2 Full Baths
Julie Mackey, Listing Office: Redfin Corporation
Is Canton Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Canton Charter Township has remained a Seller's Market.
Key Takeaway
Canton Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canton Charter Township, MI
How much do homes in Canton Charter Township, MI cost?
Median Sold Price
$379,747
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$14,666(+4.0%)
Key Takeaway
Homes in Canton Charter Township have sold for 4% more than they did a year ago.
Summary: The median home sold price in Canton Charter Township was $379,747 in September 2024, up 4% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98.7K | $171.2K | +73.4% |
| 2 Bedrooms | $250K | $258.6K | +3.5% |
| 3 Bedrooms | $339.9K | $365K | +7.4% |
| 4 Bedrooms | $480.8K | $504.5K | +4.9% |
| 5+ Bedrooms | $623.7K | $687.5K | +10.2% |
Summary: Canton Charter Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 73.4%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
| Wayne | $146K | $170.1K | +16.5% |
| Westland | $194.7K | $210K | +7.8% |
| Canton | $364.6K | $379.7K | +4.1% |
| Canton Charter Township | $365K | $379.7K | +4.0% |
| Plymouth Charter Township | $440K | $440.1K | 0.0% |
Housing Supply in Canton Charter Township, MI
How many homes are available in Canton Charter Township, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 284 | 276 | -2.8% |
Summary: The Canton Charter Township real estate market had 276 homes for sale in September 2024, a 2.8% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 54 | 55 | +1.9% |
| 3 Bedrooms | 119 | 105 | -11.8% |
| 4 Bedrooms | 97 | 99 | +2.1% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Canton Charter Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 94 | 79 | -16.0% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canton Charter Township, you may be able to get a good deal. 40.5% of homes here sold below asking price last month.
Summary: A total of 79 homes were sold or pending in Canton Charter Township in September 2024, down by 16.0% month-over-month. Of the 79 sold homes, 41% were sold under asking, 22% were sold at asking, and 38% were sold over asking.
Days on Market for Canton Charter Township, MI
How long does it take to sell a home in Canton Charter Township, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 18 Days | 15 Days | -16.4% |
Summary: Homes in Canton Charter Township had an average of 15 days on market in Sep 2024, down by 16.4% compared to last year.
Breakdown of Home Sale Times
67 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Canton Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 79 homes were sold in Canton Charter Township; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.