Is Courtland Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Courtland Township is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Courtland Township has remained a Seller's Market.

Key Takeaway

Courtland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Courtland Township, MI cost?

Median Sold Price

$385,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$60,000(+18.5%)

Key Takeaway

Homes in Courtland Township have sold for 18.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $245K$247K
+0.8%
3 $277K$315K
+13.7%
4 $357.6K$415K
+16.0%
5+ $427K$440K
+3.0%

Median Sold Price Compared To Nearby Cities

Cedar Springs
+22.8%
Courtland Township
+18.5%
Cannon Township
+17.6%
Algoma Township
+11.2%
Rockford
+10.6%

How many homes are available in Courtland Township, MI?

Number of Homes For Sale

Jul 2022Aug 2022%
46460.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 44
0.0%
3 1720
+17.6%
4 1514
-6.7%
5+ 108
-20.0%

Number of Homes Sold

Jul 2022Aug 2022%
1221+75.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Courtland Township, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Courtland Township, MI

Homes for sale in Courtland Township, MI have reached 46. Listing prices have changed in this real estate market between July 2022 and August 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0.8% more expensive, 3 bedrooms properties prices increased by 13.7%, 4 bedrooms properties prices increased by 16%, 5 bedrooms properties became 3% more expensive. This housing market inventory have changed: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went up by 17.6%, 4 bedrooms homes became 6.7% less available, 5 bedrooms homes inventory decreased by 20%. Courtland Township, MI housing market in August 2022 saw over 10 listings sold above listed price, more than 5 sold at listed price and over 6 sold below.

Related Housing Market Reports