Is Marquette Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Marquette Charter Township was a Seller's Market.
Housing Prices in Marquette Charter Township, MI
How much do homes in Marquette Charter Township, MI cost?
Median Sold Price
$283,500
$218/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Marquette Charter Township was $283,500 in April 2024, down 16% from last month, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $219.1K | $361.7K | +65.1% |
4 Bedrooms | $455.5K | $283.5K | -37.8% |
5+ Bedrooms | - | - | N/A |
Summary: Marquette Charter Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 65.1%, 4 bedroom homes decreased by 37.8%, and 5+ bedroom homes did not change.
Housing Supply in Marquette Charter Township, MI
How many homes are available in Marquette Charter Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 26 | +160.0% |
Summary: The Marquette Charter Township real estate market had 26 homes for sale in April 2024, a 160.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 3 | 9 | +200.0% |
4 Bedrooms | 5 | 10 | +100.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Marquette Charter Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Marquette Charter Township in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Marquette Charter Township, MI
How long does it take to sell a home in Marquette Charter Township, MI?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
107 Days | 5 Days | -94.7% |
Summary: Homes in Marquette Charter Township had an average of 5 days on market in Apr 2024, down by 94.7% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Marquette Charter Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.