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 June 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

$415,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$10,000(-2.4%)

Key Takeaway

Homes in Hartland Township have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Hartland Township was $415,000 in June 2024, down 2.4% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $112.5K-
N/A
2 $260.3K$272.5K
+4.7%
3 $365K$415.5K
+13.8%
4 $461.2K$450.5K
-2.3%
5+ $605K$540K
-10.7%

Summary: Hartland 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 4.7%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 10.7%.

Median Sold Price Compared To Nearby Cities

Highland
+7.1%
Highland Charter Township
+4.8%
Tyrone Township
+3.8%
Hartland
+2.3%
Hartland Township
-2.4%

Housing Supply in Hartland Township, MI

How many homes are available in Hartland Township, MI?

Number of Homes For Sale

May 2024Jun 2024CHANGE
3941+5.1%

Summary: The Hartland Township real estate market had 41 homes for sale in June 2024, a 5.1% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 88
0.0%
3 1216
+33.3%
4 1412
-14.3%
5+ 55
0.0%

Summary: The Hartland 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 increased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was 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. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Hartland Township in June 2024, up by 9.1% month-over-month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% 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

Jun 2023Jun 2024CHANGE
19 Days18 Days-7.7%

Summary: Homes in Hartland Township had an average of 18 days on market in Jun 2024, down by 7.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 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 June 2024, 12 homes were sold in Hartland Township; 75% of homes were sold within 30 days, 25% 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 Township, MI

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