Is Au Gres, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Au Gres is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Au Gres was a Neutral Market.

Key Takeaway

Au Gres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Au Gres, MI

How much do homes in Au Gres, MI cost?

Median Sold Price

$223,750

$167/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$51,250(-18.6%)

Key Takeaway

Homes in Au Gres have sold for 18.6% less than they did a month ago.

Summary: The median home sold price in Au Gres was $223,750 in April 2024, down 18.6% from last month, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $624.9K-
N/A
3 $275K$223.7K
-18.6%
4 $159.5K-
N/A
5+ --
N/A

Summary: Au Gres housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Au Gres
-18.6%
Au Gres Township
-18.6%
Sims Township
-61.6%

Housing Supply in Au Gres, MI

How many homes are available in Au Gres, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1822+22.2%

Summary: The Au Gres real estate market had 22 homes for sale in April 2024, a 22.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 55
0.0%
3 913
+44.4%
4 33
0.0%
5+ 11
0.0%

Summary: The Au Gres 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 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Au Gres, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Au Gres in April 2024, up by 66.7% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Au Gres, MI

How long does it take to sell a home in Au Gres, MI?

Average Sale Time

Mar 2024Apr 2024CHANGE
95 Days80 Days-15.5%

Summary: Homes in Au Gres had an average of 80 days on market in Apr 2024, down by 15.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Au Gres has remained consistent over time.

Summary: During April 2024, 5 homes were sold in Au Gres; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

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

Report Updated 16 Days Ago

Newest Listings in Au Gres, MI

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