Is Albert Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Albert Township was a Seller's Market.
Housing Prices in Albert Township, MI
How much do homes in Albert Township, MI cost?
Median Sold Price
$220,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Albert Township was $220,000 in April 2024, up 22.2% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137.5K | $117.2K | -14.7% |
2 Bedrooms | $137.5K | $140K | +1.8% |
3 Bedrooms | $204.5K | $254.5K | +24.4% |
4 Bedrooms | $342.5K | $290K | -15.3% |
5+ Bedrooms | - | $689K | N/A |
Summary: Albert Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.7%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 24.4%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Albert Township | $180K | $220K | +22.2% |
Lewiston | $165K | $159.9K | -3.1% |
Greenwood Township | $168K | $158.5K | -5.7% |
Housing Supply in Albert Township, MI
How many homes are available in Albert Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Summary: The Albert Township real estate market had 18 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Albert 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Albert Township in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Albert Township, MI
We’re sorry, we don't have information for this market at the moment