$3,858 Closing Credit*
$324,900
1,888 SqFt
1 Bed
•2 Full Baths
John P Boggiano, Listing Office: Berkshire Hathaway HomeServices Michigan Real Esta
Is Howard City, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Howard City has remained a Seller's Market.
Key Takeaway
Howard City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Howard City, MI
How much do homes in Howard City, MI cost?
Median Sold Price
$250,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$16,500(+7.1%)
Key Takeaway
Homes in Howard City have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Howard City was $250,000 in September 2024, up 7.1% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $74.2K | $113K | +52.1% |
| 2 Bedrooms | $220K | $212.4K | -3.4% |
| 3 Bedrooms | $235K | $232.5K | -1.1% |
| 4 Bedrooms | $235.4K | $324.9K | +38.0% |
| 5+ Bedrooms | $254.5K | $466K | +83.1% |
Summary: Howard City housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.1%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 38%, and 5+ bedroom homes increased by 83.1%.
Median Sold Price Compared To Nearby Cities
| Howard City | $233.5K | $250K | +7.1% |
| Reynolds Township | $232K | $239K | +3.0% |
Housing Supply in Howard City, MI
How many homes are available in Howard City, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 34 | 29 | -14.7% |
Summary: The Howard City real estate market had 29 homes for sale in September 2024, a 14.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 23 | 17 | -26.1% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Howard City housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 26.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Howard City, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Howard City in September 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 6 Days | 36 Days | +497.7% |
Summary: Homes in Howard City had an average of 36 days on market in Sep 2024, up by 497.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Howard City are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 7 homes were sold in Howard City; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
