Is Hartland, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hartland is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Hartland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hartland, MI

How much do homes in Hartland, MI cost?

Median Sold Price

$390,750

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$8,750(+2.3%)

Key Takeaway

Homes in Hartland have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Hartland was $390,750 in June 2024, up 2.3% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $112.5K-
N/A
2 $295K$270K
-8.5%
3 $345K$397K
+15.1%
4 $455K$457.5K
0.5%
5+ $557.5K$500K
-10.3%

Summary: Hartland 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 decreased by 8.5%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 10.3%.

Median Sold Price Compared To Nearby Cities

Fenton
+7.9%
Highland
+7.1%
Highland Charter Township
+4.8%
Hartland
+2.3%
Hartland Township
-2.4%

Housing Supply in Hartland, MI

How many homes are available in Hartland, MI?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1415+7.1%

Summary: The Hartland real estate market had 15 homes for sale in June 2024, a 7.1% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 79
+28.6%
4 43
-25.0%
5+ 01
+100.0%

Summary: The Hartland 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 decreased by 33.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

May 2024Jun 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hartland, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Hartland in June 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Hartland, MI

How long does it take to sell a home in Hartland, MI?

Average Sale Time

Jun 2023Jun 2024CHANGE
11 Days17 Days+60.6%

Summary: Homes in Hartland had an average of 17 days on market in Jun 2024, up by 60.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hartland are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 3 homes were sold in Hartland; 67% of homes were sold within 30 days, 33% 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 26 Days Ago

Newest Listings in Hartland, MI

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