Is Vassar Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Vassar Township has remained a Seller's Market.
Key Takeaway
Vassar Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vassar Township, MI
How much do homes in Vassar Township, MI cost?
Median Sold Price
$165,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Vassar Township have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Vassar Township was $165,000 in April 2024, down 3.8% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $158.5K | $131K | -17.3% |
| 3 Bedrooms | $172.5K | $167K | -3.2% |
| 4 Bedrooms | $196K | $180.2K | -8.1% |
| 5+ Bedrooms | $165K | $245K | +48.5% |
Summary: Vassar Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 48.5%.
Median Sold Price Compared To Nearby Cities
| Fremont Township | $182K | $221.5K | +21.7% |
| Millington Township | $173.7K | $180K | +3.6% |
| Vassar | $165K | $165K | 0.0% |
| Vassar Township | $171.5K | $165K | -3.8% |
Housing Supply in Vassar Township, MI
How many homes are available in Vassar Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 33 | +22.2% |
Summary: The Vassar Township real estate market had 33 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 17 | 21 | +23.5% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Vassar Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Vassar Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Vassar Township in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Vassar Township, MI
How long does it take to sell a home in Vassar Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 126 Days | 73 Days | -41.8% |
Summary: Homes in Vassar Township had an average of 73 days on market in Apr 2024, down by 41.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Vassar Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Vassar Township; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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. 
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