Is Hagar Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hagar Township has remained a Seller's Market.
Housing Prices in Hagar Township, MI
How much do homes in Hagar Township, MI cost?
Median Sold Price
$234,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hagar Township was $234,000 in April 2024, up 5.2% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99K | - | N/A |
2 Bedrooms | $189K | $203K | +7.4% |
3 Bedrooms | $240.4K | $215K | -10.6% |
4 Bedrooms | $280K | $240K | -14.3% |
5+ Bedrooms | $375K | $700K | +86.7% |
Summary: Hagar Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 86.7%.
Median Sold Price Compared To Nearby Cities
Coloma Charter Township | $210K | $249.9K | +19.0% |
Benton Charter Township | $139K | $165K | +18.7% |
Hagar Township | $222.5K | $234K | +5.2% |
Housing Supply in Hagar Township, MI
How many homes are available in Hagar Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Summary: The Hagar Township real estate market had 15 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Hagar Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Hagar Township in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Hagar Township, MI
How long does it take to sell a home in Hagar Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 6 Days | -85.3% |
Summary: Homes in Hagar Township had an average of 6 days on market in Apr 2024, down by 85.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Hagar Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.