Is Handy Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Handy Township has remained a Seller's Market.
Housing Prices in Handy Township, MI
How much do homes in Handy Township, MI cost?
Median Sold Price
$310,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Handy Township was $310,000 in June 2024, up 11.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $180K | $210K | +16.7% |
3 Bedrooms | $268K | $299.9K | +11.9% |
4 Bedrooms | $319.9K | $327.2K | +2.3% |
5+ Bedrooms | $285K | - | N/A |
Summary: Handy Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Fowlerville | $280K | $317.5K | +13.4% |
Handy Township | $277.5K | $310K | +11.7% |
Howell Township | $349K | $354.1K | +1.5% |
Conway Township | $302.5K | $305K | +0.8% |
Housing Supply in Handy Township, MI
How many homes are available in Handy Township, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
49 | 39 | -20.4% |
Summary: The Handy Township real estate market had 39 homes for sale in June 2024, a 20.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 27 | 18 | -33.3% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Handy Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
23 | 10 | -56.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Handy Township in June 2024, down by 56.5% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Handy Township, MI
How long does it take to sell a home in Handy Township, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
8 Days | 19 Days | +140.0% |
Summary: Homes in Handy Township had an average of 19 days on market in Jun 2024, up by 140% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 10 homes were sold in Handy Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.