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 Last Month

Since last month, 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.

Housing Prices in Green Charter Township, MI

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

Median Sold Price

$260,000

$130/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$24,500(-8.6%)

Key Takeaway

Homes in Green Charter Township have sold for 8.6% less than they did a month ago.

Summary: The median home sold price in Green Charter Township was $260,000 in September 2024, down 8.6% from last month, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $280K-
N/A
3 $269.4K$230.8K
-14.3%
4 $299.9K$299.9K
0.0%
5+ --
N/A

Summary: Green Charter Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Green Charter Township, MI

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2018-10.0%

Summary: The Green Charter Township real estate market had 18 homes for sale in September 2024, a 10.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1110
-9.1%
4 66
0.0%
5+ 00
0.0%

Summary: The Green Charter Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green Charter Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Green Charter Township in September 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Green Charter Township, MI

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

Average Sale Time

Aug 2024Sep 2024CHANGE
19 Days55 Days+185.9%

Summary: Homes in Green Charter Township had an average of 55 days on market in Sep 2024, up by 185.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Green Charter Township has remained consistent over time.

Summary: During September 2024, 4 homes were sold in Green Charter Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in Green Charter Township, MI

Nearby Markets to Green Charter Township, MI

What housing markets are near Green Charter Township, MI?