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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vienna Charter Township is a seller's market

Buyer's
Market

Difference Since May 2022

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

Key Takeaway

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

How much do homes in Vienna Charter Township, MI cost?

Median Sold Price

$206,550

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$16,550(+8.7%)

Key Takeaway

Homes in Vienna Charter Township have sold for 8.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
N/A
2 $165K$199K
+20.6%
3 $185K$189.9K
+2.6%
4 $206K$242K
+17.5%
5+ $350K$215K
-38.6%

Median Sold Price Compared To Nearby Cities

Clio
+53.5%
Birch Run Township
+15.2%
Vienna Charter Township
+8.7%
Mount Morris Township
+5.8%
Thetford Township
+5.3%

How many homes are available in Vienna Charter Township, MI?

Number of Homes For Sale

Apr 2023May 2023%
3942+7.7%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 1412
-14.3%
3 1820
+11.1%
4 46
+50.0%
5+ 34
+33.3%

Number of Homes Sold

Apr 2023May 2023%
1015+50.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vienna Charter Township, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

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

What housing markets are near Vienna Charter Township, MI?

About Vienna Charter Township, MI

Homes for sale in Vienna Charter Township, MI have reached 42. In May 2023 in Vienna Charter Township, MI there were 7.7% more homes for sale than in April 2023. Listing prices have changed in this real estate market between April 2023 and May 2023: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 20.6% more expensive, 3 bedrooms properties prices increased by 2.6%, 4 bedrooms properties became 17.5% more expensive, prices of 5 bedrooms properties decreased by 38.6%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 14.3%, 3 bedrooms homes became 11.1% more available, volume of 4 bedrooms homes went up by 50%, number of 5 bedrooms homes increased by 33.3%. While more than 7 listings in Vienna Charter Township, MI in May 2023 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below.