Is Hersey Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
Since last year, Hersey Township has remained a Seller's Market.
Key Takeaway
Hersey Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Hersey Township, MI cost?
Median Sold Price
$170,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
+$24,500(+16.8%)
Key Takeaway
Homes in Hersey Township have sold for 16.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | $170.7K | N/A |
| 2 Bedrooms | $144.2K | $160K | +10.9% |
| 3 Bedrooms | $134.5K | $180K | +33.9% |
| 4 Bedrooms | $215K | $184K | -14.4% |
| 5+ Bedrooms | $294K | - | N/A |
How many homes are available in Hersey Township, MI?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 27 | 26 | -3.7% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hersey Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
