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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Huron Charter Township is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

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

Median Sold Price

$205,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

-$3,500(-1.7%)

Key Takeaway

Homes in Port Huron Charter Township have sold for 1.7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $103.9K$110K
+5.8%
3 $210K$220K
+4.8%
4 $186.6K$272.5K
+46.0%
5+ $265K$230K
-13.2%

Median Sold Price Compared To Nearby Cities

Port Huron
+8.7%
Smiths Creek
+5.4%
Fort Gratiot
0%
Port Huron Charter Township
-1.7%
Fort Gratiot Charter Township
-2.2%

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

Number of Homes For Sale

Aug 2022Sep 2022%
2634+30.8%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 43
-25.0%
3 1421
+50.0%
4 79
+28.6%
5+ 11
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
311+266.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Huron Charter Township, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
19 Days16 Days-11.5%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Port 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 Port Huron Charter Township, MI

Port Huron Charter Township, MI has 34 homes for sale to choose from. In September 2022 in Port Huron Charter Township, MI there were 30.8% more homes for sale than in August 2022. While the average time on the market in September 2022 was 16 days, the median list price was $205,000. Real estate listing prices changed between August 2022 and September 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 5.8% more expensive, the cost of 3 bedrooms properties went up by 4.8%, prices of 4 bedrooms properties went up by 46%, the cost of 5 bedrooms properties went down by 13.2%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 25% less available, the quantity of 3 bedrooms homes went up by 50%, volume of 4 bedrooms homes went up by 28.6%, 5 bedrooms homes did not move. In September 2022 more than 3 listings in Port Huron Charter Township, MI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 5 were sold below.

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