Is Henrietta Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Henrietta Township has remained a Seller's Market.
Key Takeaway
Henrietta Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Henrietta Township, MI
How much do homes in Henrietta Township, MI cost?
Median Sold Price
$280,750
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Henrietta Township have sold for 29.1% more than they did a year ago.
Summary: The median home sold price in Henrietta Township was $280,750 in April 2024, up 29.1% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112K | $38.2K | -65.8% |
| 2 Bedrooms | $127K | $142K | +11.8% |
| 3 Bedrooms | $240K | $235K | -2.1% |
| 4 Bedrooms | $202K | $355K | +75.7% |
| 5+ Bedrooms | $205K | $374.9K | +82.9% |
Summary: Henrietta Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.8%, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 75.7%, and 5+ bedroom homes increased by 82.9%.
Median Sold Price Compared To Nearby Cities
| Henrietta Township | $217.5K | $280.7K | +29.1% |
| Pleasant Lake | $240K | $289.5K | +20.6% |
| Leoni Township | $200K | $213.5K | +6.8% |
Housing Supply in Henrietta Township, MI
How many homes are available in Henrietta Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Henrietta Township real estate market had 14 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Henrietta Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Henrietta Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Henrietta Township in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Henrietta Township, MI
How long does it take to sell a home in Henrietta Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 85 Days | 35 Days | -57.8% |
Summary: Homes in Henrietta Township had an average of 35 days on market in Apr 2024, down by 57.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Henrietta Township has remained consistent over time.
Summary: During April 2024, 6 homes were sold in Henrietta Township; 17% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.