Is Blair 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, Blair Township was a Buyer's Market.
Key Takeaway
Blair Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blair Township, MI
How much do homes in Blair Township, MI cost?
Median Sold Price
$334,850
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Blair Township have sold for 8% more than they did a year ago.
Summary: The median home sold price in Blair Township was $334,850 in April 2024, up 8% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $109.5K | -51.3% |
| 3 Bedrooms | $312.5K | $320K | +2.4% |
| 4 Bedrooms | $461.2K | $415K | -10.0% |
| 5+ Bedrooms | - | $800K | N/A |
Summary: Blair 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 51.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Blair Township | $310K | $334.8K | +8.0% |
| Green Lake Township | $355K | $369.9K | +4.2% |
Housing Supply in Blair Township, MI
How many homes are available in Blair Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 49 | +25.6% |
Summary: The Blair Township real estate market had 49 homes for sale in April 2024, a 25.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 0 | 3 | +100.0% |
| 3 Bedrooms | 28 | 33 | +17.9% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Blair 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 100%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blair Township, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Blair Township in April 2024, up by 42.9% month-over-month. Of the 9 sold homes, 22% were sold under asking, 56% were sold at asking, and 22% were sold over asking.
Days on Market for Blair Township, MI
How long does it take to sell a home in Blair Township, MI?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Blair Township has remained consistent over time.
Summary: During April 2024, 10 homes were sold in Blair Township; 20% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
