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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Charter Township is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

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

Median Sold Price

$188,250

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$29,250(+18.4%)

Key Takeaway

Homes in Green Charter Township have sold for 18.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $87K-
N/A
2 $135.9K$136.5K
0.4%
3 $151.9K$180K
+18.5%
4 $203.9K$214K
+5.0%
5+ $245K$234.2K
-4.4%

Median Sold Price Compared To Nearby Cities

Big Rapids Charter Township
+27.6%
Green Charter Township
+18.4%
Richmond Township
+13.6%
Paris
-13.7%

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

Number of Homes For Sale

Jul 2022Aug 2022%
149-35.7%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 21
-50.0%
3 66
0.0%
4 62
-66.7%
5+ 00
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
74-42.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green Charter Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

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

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

About Green Charter Township, MI

Number of homes for sale in Green Charter Township, MI real estate market have reached 9. The inventory of homes for sale in Green Charter Township, MI between July 2022 and August 2022 decreased by 35.7%. While the average time on the market in August 2022 was 102 days, the median list price was $188,250. Listing prices have changed in this real estate market between July 2022 and August 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 0.4% more expensive, prices of 3 bedrooms properties went up by 18.5%, 4 bedrooms properties became 5% more expensive, the cost of 5 bedrooms properties went down by 4.4%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory decreased by 50%, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes became 66.7% less available, the quantity of 5 bedrooms homes have not changed. In August 2022, from all listings sold in Green Charter Township, MI there were more than 2 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.

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