Is Howard City, 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, Howard City has remained a Seller's Market.
Housing Prices in Howard City, MI
How much do homes in Howard City, MI cost?
Median Sold Price
$236,950
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Howard City was $236,950 in April 2024, up 0.8% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $115.1K | -56.5% |
2 Bedrooms | $207.5K | $219.9K | +6.0% |
3 Bedrooms | $237.4K | $230K | -3.1% |
4 Bedrooms | $235K | $250K | +6.4% |
5+ Bedrooms | $225.7K | $342.4K | +51.7% |
Summary: Howard City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.5%, 2 bedroom homes increased by 6%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 51.7%.
Median Sold Price Compared To Nearby Cities
Howard City | $235K | $236.9K | +0.8% |
Reynolds Township | $235K | $230K | -2.1% |
Housing Supply in Howard City, MI
How many homes are available in Howard City, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Summary: The Howard City real estate market had 18 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 6 | +200.0% |
3 Bedrooms | 12 | 9 | -25.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Howard City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Howard City in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Howard City, MI
How long does it take to sell a home in Howard City, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 12 Days | -28.4% |
Summary: Homes in Howard City had an average of 12 days on market in Apr 2024, down by 28.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Howard City; 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.