Is Pittsfield Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Pittsfield Charter Township has remained a Seller's Market.
Key Takeaway
Pittsfield Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Pittsfield Charter Township, MI cost?
Median Sold Price
$420,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$20,000(+5.0%)
Key Takeaway
Homes in Pittsfield Charter Township have sold for 5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | $117.3K | N/A |
| 2 Bedrooms | $235K | $265K | +12.8% |
| 3 Bedrooms | $385K | $383K | -0.5% |
| 4 Bedrooms | $482.5K | $530K | +9.8% |
| 5+ Bedrooms | $657.5K | $650K | -1.1% |
Median Sold Price Compared To Nearby Cities
| Ypsilanti Charter Township | $224.9K | $254.7K | +13.3% |
| Ann Arbor | $389.6K | $440.4K | +13.0% |
| Saline | $358K | $386.2K | +7.9% |
| Pittsfield Charter Township | $400K | $420K | +5.0% |
| Ann Arbor Charter Township | $585K | $514.4K | -12.1% |
How many homes are available in Pittsfield Charter Township, MI?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 118 | 110 | -6.8% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 25 | 23 | -8.0% |
| 3 Bedrooms | 31 | 30 | -3.2% |
| 4 Bedrooms | 47 | 44 | -6.4% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 40 | 42 | +5.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsfield Charter Township, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.
