Is Columbus Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Columbus Township was a Seller's Market.
Key Takeaway
Columbus Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Columbus Township, MI
How much do homes in Columbus Township, MI cost?
Median Sold Price
$319,500
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Columbus Township have sold for 18.5% less than they did a year ago.
Summary: The median home sold price in Columbus Township was $319,500 in June 2024, down 18.5% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $303K | N/A |
| 3 Bedrooms | $364.4K | $319.5K | -12.3% |
| 4 Bedrooms | $432.5K | $450K | +4.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Columbus Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Richmond | $250K | $307.5K | +23.0% |
| Columbus Township | $392K | $319.5K | -18.5% |
| Columbus | $392K | $319.5K | -18.5% |
Housing Supply in Columbus Township, MI
How many homes are available in Columbus Township, MI?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Summary: The Columbus Township real estate market had 8 homes for sale in June 2024, a 166.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 1 | 4 | +300.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Columbus Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 300%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbus Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Columbus Township in June 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Columbus Township, MI
How long does it take to sell a home in Columbus Township, MI?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 49 Days | 36 Days | -26.5% |
Summary: Homes in Columbus Township had an average of 36 days on market in Jun 2024, down by 26.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Columbus Township has remained consistent over time.
Summary: During June 2024, 1 homes were sold in Columbus Township; 0% of homes were sold within 30 days, 100% 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. Copyright MiRealSource.