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 2021

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

$325,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$100(0.0%)

Key Takeaway

The sold price of homes in Highland Charter Township has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $75K$172.5K
+130.0%
2 $180K$178.6K
-0.7%
3 $285K$285K
0.0%
4 $480.7K$490K
+1.9%
5+ $662.5K$673.7K
+1.7%

Median Sold Price Compared To Nearby Cities

Hartland
+6.3%
Milford Charter Township
+5.8%
Highland Charter Township
0.0%
Hartland Township
-0.8%
Highland
-3.1%

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

Number of Homes For Sale

Nov 2022Dec 2022%
6857-16.2%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 76
-14.3%
3 3937
-5.1%
4 1811
-38.9%
5+ 43
-25.0%

Number of Homes Sold

Nov 2022Dec 2022%
18180.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

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

About Highland Charter Township, MI

Highland Charter Township, MI has 57 homes for sale to choose from. In December 2022 in Highland Charter Township, MI there were 16.2% less homes for sale than in November 2022. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 130%, 2 bedrooms properties became 0.7% more cheaper, 3 bedrooms properties did not move, prices of 4 bedrooms properties went up by 1.9%, 5 bedrooms properties became 1.7% more expensive. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 14.3% less available, number of 3 bedrooms homes decreased by 5.1%, 4 bedrooms homes became 38.9% less available, 5 bedrooms homes became 25% less available. Highland Charter Township, MI housing market in December 2022 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 12 sold below.

Related Housing Market Reports