Is Saint Joseph Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Saint Joseph Charter Township has remained a Seller's Market.
Key Takeaway
Saint Joseph Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Joseph Charter Township, MI
How much do homes in Saint Joseph Charter Township, MI cost?
Median Sold Price
$255,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Saint Joseph Charter Township have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Saint Joseph Charter Township was $255,000 in November 2023, up 0.8% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160.1K | $127.5K | -20.4% |
| 2 Bedrooms | $170.7K | $195K | +14.2% |
| 3 Bedrooms | $240K | $242.5K | +1.0% |
| 4 Bedrooms | $289.9K | $380K | +31.1% |
| 5+ Bedrooms | $530K | $520K | -1.9% |
Summary: Saint Joseph Charter Township housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 20.4%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Shoreham | $312K | $360K | +15.4% |
| Benton Harbor | $135.4K | $154.8K | +14.3% |
| Saint Joseph | $280K | $295K | +5.4% |
| Benton Charter Township | $139.5K | $144.5K | +3.6% |
| Saint Joseph Charter Township | $253K | $255K | +0.8% |
Housing Supply in Saint Joseph Charter Township, MI
How many homes are available in Saint Joseph Charter Township, MI?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 51 | 51 | 0.0% |
Summary: The Saint Joseph Charter Township real estate market had 51 homes for sale in November 2023, the same as October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Saint Joseph Charter Township housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Joseph Charter Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Saint Joseph Charter Township in November 2023, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Saint Joseph Charter Township, MI
How long does it take to sell a home in Saint Joseph Charter Township, MI?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 21 Days | 33 Days | +56.3% |
Summary: Homes in Saint Joseph Charter Township had an average of 33 days on market in Nov 2023, up by 56.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Joseph Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 10 homes were sold in Saint Joseph Charter Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.