Is Plymouth Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Plymouth Charter Township has remained a Seller's Market.
Housing Prices in Plymouth Charter Township, MI
How much do homes in Plymouth Charter Township, MI cost?
Median Sold Price
$443,995
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Plymouth Charter Township was $443,995 in June 2024, up 6% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $143.5K | $159K | +10.8% |
2 Bedrooms | $270K | $260K | -3.7% |
3 Bedrooms | $404.5K | $421.5K | +4.2% |
4 Bedrooms | $530K | $588.7K | +11.1% |
5+ Bedrooms | $635K | $632K | -0.5% |
Summary: Plymouth Charter Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
Livonia | $266K | $290K | +9.0% |
Canton | $350.7K | $376.7K | +7.4% |
Plymouth | $411.7K | $440K | +6.9% |
Plymouth Charter Township | $418.9K | $443.9K | +6.0% |
Northville Township | $517.2K | $501.6K | -3.0% |
Housing Supply in Plymouth Charter Township, MI
How many homes are available in Plymouth Charter Township, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
147 | 173 | +17.7% |
Summary: The Plymouth Charter Township real estate market had 173 homes for sale in June 2024, a 17.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 26 | 25 | -3.8% |
3 Bedrooms | 61 | 69 | +13.1% |
4 Bedrooms | 48 | 65 | +35.4% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Plymouth Charter Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 35.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
42 | 52 | +23.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Plymouth Charter Township in June 2024, up by 23.8% month-over-month. Of the 52 sold homes, 29% were sold under asking, 17% were sold at asking, and 54% were sold over asking.
Days on Market for Plymouth Charter Township, MI
How long does it take to sell a home in Plymouth Charter Township, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
18 Days | 16 Days | -10.6% |
Summary: Homes in Plymouth Charter Township had an average of 16 days on market in Jun 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 52 homes were sold in Plymouth Charter Township; 90% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.