Is Hickory Corners, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hickory Corners is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hickory Corners has remained a Seller's Market.

Key Takeaway

Hickory Corners is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hickory Corners, MI

How much do homes in Hickory Corners, MI cost?

Median Sold Price

$260,000

$238/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$15,000(+6.1%)

Key Takeaway

Homes in Hickory Corners have sold for 6.1% more than they did a month ago.

Summary: The median home sold price in Hickory Corners was $260,000 in March 2024, up 6.1% from last month, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $190K-
N/A
3 --
N/A
4 --
N/A
5+ $300K$260K
-13.3%

Summary: Hickory Corners housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 13.3%.

Housing Supply in Hickory Corners, MI

How many homes are available in Hickory Corners, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
65-16.7%

Summary: The Hickory Corners real estate market had 5 homes for sale in March 2024, a 16.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 00
0.0%
4 11
0.0%
5+ 44
0.0%

Summary: The Hickory Corners housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hickory Corners, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Hickory Corners in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Hickory Corners, MI

How long does it take to sell a home in Hickory Corners, MI?

Average Sale Time

Feb 2024Mar 2024CHANGE
38 Days13 Days-65.8%

Summary: Homes in Hickory Corners had an average of 13 days on market in Mar 2024, down by 65.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hickory Corners are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Hickory Corners; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

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