Is Hayes Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hayes Township was a Neutral Market.
Housing Prices in Hayes Township, MI
How much do homes in Hayes Township, MI cost?
Median Sold Price
$105,250
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hayes Township was $105,250 in April 2024, up 29.9% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $52K | $80K | +53.8% |
2 Bedrooms | $81K | $70K | -13.6% |
3 Bedrooms | $122.2K | $110K | -10.0% |
4 Bedrooms | $161K | $159K | -1.2% |
5+ Bedrooms | - | $465K | N/A |
Summary: Hayes Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.8%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Hayes Township | $81K | $105.2K | +29.9% |
Hamilton Township | $301.9K | $321.7K | +6.6% |
Harrison | $115K | $113.7K | -1.1% |
Housing Supply in Hayes Township, MI
How many homes are available in Hayes Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 34 | +88.9% |
Summary: The Hayes Township real estate market had 34 homes for sale in April 2024, a 88.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 8 | +300.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 5 | 12 | +140.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hayes Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 140%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Hayes Township in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for Hayes Township, MI
How long does it take to sell a home in Hayes Township, MI?
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Hayes Township; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.