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 May 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

$408,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$43,000(+11.8%)

Key Takeaway

Homes in Hartland have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Hartland was $408,000 in May 2024, up 11.8% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $112.5K-
N/A
2 $285K$270K
-5.3%
3 $355K$405K
+14.1%
4 $444.2K$464.5K
+4.6%
5+ $557.5K$500K
-10.3%

Summary: Hartland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 10.3%.

Median Sold Price Compared To Nearby Cities

Hartland
+11.8%
Fenton
+5.7%
Highland Charter Township
+2.9%
Hartland Township
+2.5%
Highland
+2.3%

Housing Supply in Hartland, MI

How many homes are available in Hartland, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2015-25.0%

Summary: The Hartland real estate market had 15 homes for sale in May 2024, a 25.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 117
-36.4%
4 74
-42.9%
5+ 01
+100.0%

Summary: The Hartland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

2 Homes Were 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 may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Hartland in May 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

May 2023May 2024CHANGE
42 Days8 Days-79.3%

Summary: Homes in Hartland had an average of 8 days on market in May 2024, down by 79.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were 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 May 2024, 4 homes were sold in Hartland; 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.

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

Report Updated 13 Days Ago

Newest Listings in Hartland, MI

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