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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ira Township is a buyer's market

Buyer's
Market

Difference Since July 2021

Since last year, Ira Township has remained a Buyer's Market.

Key Takeaway

Ira Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Ira Township, MI cost?

Median Sold Price

$269,950

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

-$10,050(-3.6%)

Key Takeaway

Homes in Ira Township have sold for 3.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 --
N/A
2 $210K$225K
+7.1%
3 $260K$271.4K
+4.4%
4 $460K$365K
-20.7%
5+ $310K$243.1K
-21.6%

Median Sold Price Compared To Nearby Cities

New Baltimore
+12.4%
Ira Township
-3.6%
Fair Haven
-3.6%

How many homes are available in Ira Township, MI?

Number of Homes For Sale

Jun 2022Jul 2022%
2118-14.3%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 22
0.0%
3 1110
-9.1%
4 75
-28.6%
5+ 11
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
61-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ira Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
50 Days33 Days-34.0%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ira Township has remained consistent over time.

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

About Ira Township, MI

Homes for sale in Ira Township, MI have reached 18. Between June 2022 and July 2022, Ira Township, MI real estate market has seen decrease in the number of listings by 14.3%. In July 2022, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $269,950. Real estate listing prices changed between June 2022 and July 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 7.1%, prices of 3 bedrooms properties increased by 4.4%, prices of 4 bedrooms properties decreased by 20.7%, 5 bedrooms properties prices decreased by 21.6%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 9.1% less available, 4 bedrooms homes became 28.6% less available, number of 5 bedrooms homes remained the same. While more than 0 listings in Ira Township, MI in July 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.

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