Is Argentine 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, Argentine Township was a Seller's Market.
Housing Prices in Argentine Township, MI
How much do homes in Argentine Township, MI cost?
Median Sold Price
$367,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Argentine Township was $367,000 in April 2024, up 7.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $159K | $170K | +6.9% |
2 Bedrooms | $260K | $280K | +7.7% |
3 Bedrooms | $337.4K | $347.5K | +3.0% |
4 Bedrooms | $399.9K | $370K | -7.5% |
5+ Bedrooms | $405K | $700.5K | +73.0% |
Summary: Argentine Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 73%.
Median Sold Price Compared To Nearby Cities
Fenton Charter Township | $320K | $346.2K | +8.2% |
Deerfield Township | $327.5K | $354K | +8.1% |
Argentine Township | $340K | $367K | +7.9% |
Gaines Township | $249.9K | $238K | -4.8% |
Housing Supply in Argentine Township, MI
How many homes are available in Argentine Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 27 | +28.6% |
Summary: The Argentine Township real estate market had 27 homes for sale in April 2024, a 28.6% 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 | 1 | 4 | +300.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Argentine 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 increased by 300%, 3 bedroom homes increased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Argentine Township in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Argentine Township, MI
How long does it take to sell a home in Argentine Township, MI?
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Argentine Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.