Is Athens 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, Athens Township has remained a Seller's Market.
Key Takeaway
Athens Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Athens Township, MI
How much do homes in Athens Township, MI cost?
Median Sold Price
$159,900
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Athens Township have sold for 18% less than they did a year ago.
Summary: The median home sold price in Athens Township was $159,900 in April 2024, down 18% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | - | N/A |
| 2 Bedrooms | $126K | $159.9K | +26.9% |
| 3 Bedrooms | $173.5K | $154K | -11.2% |
| 4 Bedrooms | $254K | $165K | -35.0% |
| 5+ Bedrooms | $365K | $295K | -19.2% |
Summary: Athens 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 increased by 26.9%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes decreased by 35%, and 5+ bedroom homes decreased by 19.2%.
Median Sold Price Compared To Nearby Cities
| East Leroy | $225K | $285K | +26.7% |
| Athens | $152.5K | $154K | +1.0% |
| Sherwood Township | $192.9K | $169.9K | -11.9% |
| Athens Township | $195K | $159.9K | -18.0% |
Housing Supply in Athens Township, MI
How many homes are available in Athens Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Summary: The Athens Township real estate market had 8 homes for sale in April 2024, a 60.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Athens 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Athens Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Athens Township in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Athens Township, MI
How long does it take to sell a home in Athens Township, MI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Athens Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Athens Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
