Is Highland Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland Charter Township is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Highland Charter Township has remained a Seller's Market.

Key Takeaway

Highland Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Highland Charter Township, MI cost?

Median Sold Price

$320,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$35,000(+12.3%)

Key Takeaway

Homes in Highland Charter Township have sold for 12.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $155K$75K
-51.6%
2 $168K$192.5K
+14.6%
3 $262K$285K
+8.8%
4 $401.5K$475K
+18.3%
5+ $408K$652.5K
+59.9%

Median Sold Price Compared To Nearby Cities

Hartland
+15.0%
Highland
+14.2%
Highland Charter Township
+12.3%
Hartland Township
+12.1%
Milford Charter Township
+11.7%

How many homes are available in Highland Charter Township, MI?

Number of Homes For Sale

Nov 2021Dec 2021%
4735-25.5%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 41
-75.0%
3 2223
+4.5%
4 189
-50.0%
5+ 32
-33.3%

Number of Homes Sold

Nov 2021Dec 2021%
1617+6.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland Charter Township, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
39 Days33 Days-16.8%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Highland Charter Township are selling fast, if you're buying plan to act quickly.

About Highland Charter Township, MI

Highland Charter Township, MI has 35 homes on the market. The number of homes for sale in Highland Charter Township, MI decreased by 25.5% between November 2021 and December 2021. The median list price of listings available in December 2021 was $320,000, while the average time on the real estate market was 33 days. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices decreased by 51.6%, prices of 2 bedrooms properties went up by 14.6%, prices of 3 bedrooms properties went up by 8.8%, 4 bedrooms properties became 18.3% more expensive, prices of 5 bedrooms properties went up by 59.9%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes became 75% less available, the quantity of 3 bedrooms homes went up by 4.5%, volume of 4 bedrooms homes went down by 50%, 5 bedrooms homes became 33.3% less available. Highland Charter Township, MI housing market in December 2021 saw over 5 listings sold above listed price, more than 3 sold at listed price and over 9 sold below.

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