Is Augusta Charter 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, Augusta Charter Township has remained a Seller's Market.
Housing Prices in Augusta Charter Township, MI
How much do homes in Augusta Charter Township, MI cost?
Median Sold Price
$340,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Augusta Charter Township was $340,000 in April 2024, up 1.5% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $160K | N/A |
2 Bedrooms | $199.7K | $190K | -4.9% |
3 Bedrooms | $307K | $300K | -2.3% |
4 Bedrooms | $408.5K | $399.5K | -2.2% |
5+ Bedrooms | $545K | $452K | -17.1% |
Summary: Augusta Charter 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 decreased by 4.9%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 17.1%.
Median Sold Price Compared To Nearby Cities
London Township | $235K | $259.5K | +10.4% |
Ypsilanti Charter Township | $265K | $275K | +3.8% |
Willis | $290.5K | $300K | +3.3% |
Augusta Charter Township | $335K | $340K | +1.5% |
Sumpter Township | $280K | $275K | -1.8% |
Housing Supply in Augusta Charter Township, MI
How many homes are available in Augusta Charter Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 35 | -5.4% |
Summary: The Augusta Charter Township real estate market had 35 homes for sale in April 2024, a 5.4% decrease 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 | 5 | 5 | 0.0% |
3 Bedrooms | 10 | 10 | 0.0% |
4 Bedrooms | 18 | 18 | 0.0% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Augusta Charter 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Augusta Charter Township in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Augusta Charter Township, MI
How long does it take to sell a home in Augusta Charter Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 41 Days | -35.7% |
Summary: Homes in Augusta Charter Township had an average of 41 days on market in Apr 2024, down by 35.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Augusta Charter Township; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.