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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hartland Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Hartland Township, MI

How much do homes in Hartland Township, MI cost?

Median Sold Price

$425,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,250(+2.5%)

Key Takeaway

Homes in Hartland Township have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Hartland Township was $425,000 in May 2024, up 2.5% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $112.5K-
N/A
2 $253.6K$272.5K
+7.4%
3 $360K$425K
+18.1%
4 $475K$451K
-5.1%
5+ $575K$523.5K
-9.0%

Summary: Hartland Township 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 increased by 7.4%, 3 bedroom homes increased by 18.1%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 9%.

Median Sold Price Compared To Nearby Cities

Hartland
+11.8%
Highland Charter Township
+2.9%
Hartland Township
+2.5%
Highland
+2.3%
Tyrone Township
-0.5%

Housing Supply in Hartland Township, MI

How many homes are available in Hartland Township, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4540-11.1%

Summary: The Hartland Township real estate market had 40 homes for sale in May 2024, a 11.1% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1712
-29.4%
4 1615
-6.3%
5+ 56
+20.0%

Summary: The Hartland Township 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 remained the same, 3 bedroom homes decreased by 29.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2011-45.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hartland Township, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Hartland Township in May 2024, down by 45.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 0% were sold at asking, and 36% were sold over asking.

Days on Market for Hartland Township, MI

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

Average Sale Time

May 2023May 2024CHANGE
30 Days20 Days-32.2%

Summary: Homes in Hartland Township had an average of 20 days on market in May 2024, down by 32.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 11 homes were sold in Hartland Township; 82% of homes were sold within 30 days, 18% 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 Township, MI

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