Is Bloomingdale 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, Bloomingdale Township has remained a Seller's Market.
Housing Prices in Bloomingdale Township, MI
How much do homes in Bloomingdale Township, MI cost?
Median Sold Price
$249,500
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bloomingdale Township was $249,500 in April 2024, up 61% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | - | N/A |
2 Bedrooms | $121K | $226K | +86.8% |
3 Bedrooms | $155.4K | $212.5K | +36.7% |
4 Bedrooms | $240K | $254.7K | +6.1% |
5+ Bedrooms | $405K | $330K | -18.5% |
Summary: Bloomingdale 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 86.8%, 3 bedroom homes increased by 36.7%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 18.5%.
Median Sold Price Compared To Nearby Cities
Bloomingdale | $141.5K | $235K | +66.1% |
Bloomingdale Township | $155K | $249.5K | +61.0% |
Columbia Township | $163K | $262.5K | +61.0% |
Gobles | $228.7K | $251.6K | +10.0% |
Cheshire Township | $193.2K | $207.5K | +7.4% |
Housing Supply in Bloomingdale Township, MI
How many homes are available in Bloomingdale Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Summary: The Bloomingdale Township real estate market had 16 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bloomingdale 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 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Bloomingdale Township in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Bloomingdale Township, MI
How long does it take to sell a home in Bloomingdale Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 19 Days | -29.2% |
Summary: Homes in Bloomingdale Township had an average of 19 days on market in Apr 2024, down by 29.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Bloomingdale Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.