Is Bath 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
At the same time last year, Bath Charter Township was a Neutral Market.
Housing Prices in Bath Charter Township, MI
How much do homes in Bath Charter Township, MI cost?
Median Sold Price
$350,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bath Charter Township was $350,000 in April 2024, up 7.7% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $140.4K | N/A |
2 Bedrooms | $256.5K | $188.5K | -26.5% |
3 Bedrooms | $270.5K | $309.9K | +14.6% |
4 Bedrooms | $450K | $415K | -7.8% |
5+ Bedrooms | $490.6K | $704K | +43.5% |
Summary: Bath 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 26.5%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 43.5%.
Median Sold Price Compared To Nearby Cities
Haslett | $268K | $299K | +11.6% |
Bath Charter Township | $324.9K | $350K | +7.7% |
East Lansing | $268.9K | $284K | +5.6% |
Housing Supply in Bath Charter Township, MI
How many homes are available in Bath Charter Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 44 | +15.8% |
Summary: The Bath Charter Township real estate market had 44 homes for sale in April 2024, a 15.8% 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 | 7 | 8 | +14.3% |
3 Bedrooms | 9 | 16 | +77.8% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Bath 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 increased by 14.3%, 3 bedroom homes increased by 77.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Bath Charter Township in April 2024, up by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.
Days on Market for Bath Charter Township, MI
How long does it take to sell a home in Bath Charter Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 85 Days | +27.2% |
Summary: Homes in Bath Charter Township had an average of 85 days on market in Apr 2024, up by 27.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Bath Charter Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.