Is Emmett Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Emmett Charter Township was a Seller's Market.
Housing Prices in Emmett Charter Township, MI
How much do homes in Emmett Charter Township, MI cost?
Median Sold Price
$227,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Emmett Charter Township was $227,000 in March 2024, up 9.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $58K | $95K | +63.8% |
2 Bedrooms | $108K | $138K | +27.8% |
3 Bedrooms | $215K | $228.5K | +6.3% |
4 Bedrooms | $274K | $292K | +6.6% |
5+ Bedrooms | $275K | $385.6K | +40.2% |
Summary: Emmett Charter Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.8%, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 40.2%.
Median Sold Price Compared To Nearby Cities
Ceresco | $232K | $290K | +25.0% |
Battle Creek | $150K | $175.1K | +16.8% |
Pennfield Charter Township | $190K | $214K | +12.6% |
Emmett Charter Township | $207.6K | $227K | +9.3% |
Newton Township | $387K | $350K | -9.6% |
Housing Supply in Emmett Charter Township, MI
How many homes are available in Emmett Charter Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 40 | +14.3% |
Summary: The Emmett Charter Township real estate market had 40 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 13 | 17 | +30.8% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Emmett Charter Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 4 | -63.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Emmett Charter Township in March 2024, down by 63.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Emmett Charter Township, MI
How long does it take to sell a home in Emmett Charter Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 29 Days | +25.5% |
Summary: Homes in Emmett Charter Township had an average of 29 days on market in Mar 2024, up by 25.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Emmett Charter Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.