Is Hemlock, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
At the same time last year, Hemlock was a Seller's Market.
Key Takeaway
Hemlock is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Hemlock, MI cost?
Median Sold Price
$158,500
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
-$26,400(-14.3%)
Key Takeaway
Homes in Hemlock have sold for 14.3% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $191.5K | - | N/A |
| 2 Bedrooms | $109.9K | $116K | +5.6% |
| 3 Bedrooms | $182.4K | $177.2K | -2.8% |
| 4 Bedrooms | $218K | $162.5K | -25.5% |
| 5+ Bedrooms | - | - | N/A |
Median Sold Price Compared To Nearby Cities
| Thomas Township | $167.5K | $185K | +10.4% |
| Hemlock | $184.9K | $158.5K | -14.3% |
| Richland Township | $164.7K | $135K | -18.1% |
How many homes are available in Hemlock, MI?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 9 | 11 | +22.2% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hemlock, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.