Is Sauble Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sauble Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sauble Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sauble Township, MI

How much do homes in Sauble Township, MI cost?

Median Sold Price

$173,000

$76/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$63,000(+57.3%)

Key Takeaway

Homes in Sauble Township have sold for 57.3% more than they did a month ago.

Summary: The median home sold price in Sauble Township was $173,000 in March 2024, up 57.3% from last month, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $110K-
N/A
3 --
N/A
4 --
N/A
5+ -$173K
N/A

Summary: Sauble Township housing prices by bedroom type for March 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sauble Township
+57.3%
Peacock Township
+47.1%

Housing Supply in Sauble Township, MI

How many homes are available in Sauble Township, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
330.0%

Summary: The Sauble Township real estate market had 3 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 11
0.0%
4 11
0.0%
5+ 01
+100.0%

Summary: The Sauble Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sauble Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Sauble Township in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Sauble Township, MI

How long does it take to sell a home in Sauble Township, MI?

Average Sale Time

Feb 2024Mar 2024CHANGE
8 Days6 Days-25.0%

Summary: Homes in Sauble Township had an average of 6 days on market in Mar 2024, down by 25% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sauble Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Sauble 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Sauble Township, MI

Nearby Markets to Sauble Township, MI

What housing markets are near Sauble Township, MI?