Is Huron Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huron Charter Township is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Huron Charter Township has remained a Seller's Market.

Key Takeaway

Huron Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Huron Charter Township, MI cost?

Median Sold Price

$295,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$25,000(+9.3%)

Key Takeaway

Homes in Huron Charter Township have sold for 9.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $192.5K$208K
+8.1%
3 $267.5K$295K
+10.3%
4 $328K$355K
+8.2%
5+ $292K$530K
+81.5%

Median Sold Price Compared To Nearby Cities

Flat Rock
+27.9%
Ash Township
+18.1%
Romulus
+12.9%
Brownstown Charter Township
+9.8%
Huron Charter Township
+9.3%

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

Number of Homes For Sale

Jul 2022Aug 2022%
4259+40.5%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 58
+60.0%
3 2529
+16.0%
4 918
+100.0%
5+ 34
+33.3%

Number of Homes Sold

Jul 2022Aug 2022%
817+112.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huron Charter Township, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
21 Days16 Days-22.9%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Huron Charter Township are selling fast, if you're buying plan to act quickly.

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

About Huron Charter Township, MI

Huron Charter Township, MI has 59 homes for sale to choose from. Between July 2022 and August 2022, Huron Charter Township, MI real estate market has seen increase in the number of listings by 40.5%. The median list price of listings available in August 2022 was $295,000, while the average time on the real estate market was 16 days. Listing prices have changed in this real estate market between July 2022 and August 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 8.1%, 3 bedrooms properties became 10.3% more expensive, 4 bedrooms properties prices increased by 8.2%, 5 bedrooms properties became 81.5% more expensive. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 60% more available, volume of 3 bedrooms homes went up by 16%, 4 bedrooms homes became 100% more available, the quantity of 5 bedrooms homes went up by 33.3%. While more than 9 listings in Huron Charter Township, MI in August 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below.

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