Is Howard Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Howard Township has remained a Seller's Market.
Housing Prices in Howard Township, MI
How much do homes in Howard Township, MI cost?
Median Sold Price
$187,950
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Howard Township was $187,950 in March 2024, down 15.3% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $50K | N/A |
2 Bedrooms | $149K | $126.7K | -14.9% |
3 Bedrooms | $224K | $187.9K | -16.1% |
4 Bedrooms | $349.9K | $255K | -27.1% |
5+ Bedrooms | $305K | $685K | +124.6% |
Summary: Howard Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.9%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 27.1%, and 5+ bedroom homes increased by 124.6%.
Median Sold Price Compared To Nearby Cities
Jefferson Township | $221.5K | $295K | +33.2% |
Pokagon Township | $189.6K | $250K | +31.9% |
Niles | $155K | $181K | +16.8% |
Milton Township | $446.2K | $500K | +12.0% |
Howard Township | $222K | $187.9K | -15.3% |
Housing Supply in Howard Township, MI
How many homes are available in Howard Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 17 | +21.4% |
Summary: The Howard Township real estate market had 17 homes for sale in March 2024, a 21.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Howard Township 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 increased by 66.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 9 | +350.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Howard Township in March 2024, up by 350.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Howard Township, MI
How long does it take to sell a home in Howard Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 59 Days | +241.0% |
Summary: Homes in Howard Township had an average of 59 days on market in Mar 2024, up by 241% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Howard Township; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.