Is Hemlock Blesser, 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, Hemlock Blesser was a Seller's Market.
Key Takeaway
Hemlock Blesser is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hemlock Blesser, MI
How much do homes in Hemlock Blesser, MI cost?
Median Sold Price
$245,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hemlock Blesser have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Hemlock Blesser was $245,000 in April 2024, up 6.5% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $148.5K | +41.4% |
| 3 Bedrooms | $232K | $215.5K | -7.1% |
| 4 Bedrooms | $290K | $293K | +1.0% |
| 5+ Bedrooms | $270K | $250K | -7.4% |
Summary: Hemlock Blesser housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.4%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Aviation | $225K | $269.9K | +20.0% |
| Hemlock Blesser | $230K | $245K | +6.5% |
Housing Supply in Hemlock Blesser, MI
How many homes are available in Hemlock Blesser, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The Hemlock Blesser real estate market had 7 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hemlock Blesser housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
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 Blesser, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Hemlock Blesser in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hemlock Blesser, MI
How long does it take to sell a home in Hemlock Blesser, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 162 Days | 69 Days | -57.4% |
Summary: Homes in Hemlock Blesser had an average of 69 days on market in Apr 2024, down by 57.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hemlock Blesser has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Hemlock Blesser; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
