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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Filer Charter Township is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Filer Charter Township was a Seller's Market.

Key Takeaway

Filer Charter Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Filer Charter Township, MI

How much do homes in Filer Charter Township, MI cost?

Median Sold Price

$238,750

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$8,750(+3.8%)

Key Takeaway

Homes in Filer Charter Township have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Filer Charter Township was $238,750 in March 2024, up 3.8% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $172.5K$178.5K
+3.5%
3 $230K$227.5K
-1.1%
4 $435K$385K
-11.5%
5+ $1.2M$480K
-61.1%

Summary: Filer Charter 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 3.5%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 61.1%.

Median Sold Price Compared To Nearby Cities

Manistee
+16.7%
Filer Charter Township
+3.8%

Housing Supply in Filer Charter Township, MI

How many homes are available in Filer Charter Township, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
660.0%

Summary: The Filer Charter Township real estate market had 6 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Filer Charter 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 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Filer Charter 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 Filer Charter Township in March 2024, the same as the previous 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 Filer Charter Township, MI

How long does it take to sell a home in Filer Charter Township, MI?

Average Sale Time

Mar 2023Mar 2024CHANGE
253 Days160 Days-36.8%

Summary: Homes in Filer Charter Township had an average of 160 days on market in Mar 2024, down by 36.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Filer Charter Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Filer Charter Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

Newest Listings in Filer Charter Township, MI

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What housing markets are near Filer Charter Township, MI?