Is Huron Charter 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, Huron Charter Township has remained a Seller's Market.
Housing Prices in Huron Charter Township, MI
How much do homes in Huron Charter Township, MI cost?
Median Sold Price
$330,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Huron Charter Township was $330,000 in March 2024, up 8.4% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $97.5K | - | N/A |
2 Bedrooms | $213.5K | $215K | +0.7% |
3 Bedrooms | $295K | $330K | +11.9% |
4 Bedrooms | $395K | $385K | -2.5% |
5+ Bedrooms | $540K | $530K | -1.9% |
Summary: Huron Charter 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 increased by 0.7%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
Romulus | $172K | $195K | +13.3% |
Huron Charter Township | $304.3K | $330K | +8.4% |
Brownstown Charter Township | $278.7K | $287.5K | +3.1% |
Ash Township | $260K | $265K | +1.9% |
Flat Rock | $299.9K | $302.5K | +0.9% |
Housing Supply in Huron Charter Township, MI
How many homes are available in Huron Charter Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 32 | -3.0% |
Summary: The Huron Charter Township real estate market had 32 homes for sale in March 2024, a 3.0% decrease 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 | 5 | 3 | -40.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Huron Charter 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 decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 20 | +185.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Huron Charter Township in March 2024, up by 185.7% month-over-month. Of the 20 sold homes, 35% were sold under asking, 25% were sold at asking, and 40% were sold over asking.
Days on Market for Huron Charter Township, MI
How long does it take to sell a home in Huron Charter Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 35 Days | -29.8% |
Summary: Homes in Huron Charter Township had an average of 35 days on market in Mar 2024, down by 29.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in Huron Charter Township; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.