Is Cooper 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, Cooper Charter Township was a Neutral Market.
Housing Prices in Cooper Charter Township, MI
How much do homes in Cooper Charter Township, MI cost?
Median Sold Price
$260,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cooper Charter Township was $260,000 in April 2024, up 13.5% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $147.5K | -18.1% |
2 Bedrooms | $149.6K | $161K | +7.6% |
3 Bedrooms | $231.5K | $255K | +10.2% |
4 Bedrooms | $295K | $315.5K | +6.9% |
5+ Bedrooms | $379K | $330K | -12.9% |
Summary: Cooper Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.1%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 12.9%.
Median Sold Price Compared To Nearby Cities
Kalamazoo Charter Township | $190.8K | $221.9K | +16.3% |
Cooper Charter Township | $229K | $260K | +13.5% |
Gun Plain Township | $270K | $300K | +11.1% |
Richland Township | $339.9K | $355K | +4.4% |
Housing Supply in Cooper Charter Township, MI
How many homes are available in Cooper Charter Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 19 | -24.0% |
Summary: The Cooper Charter Township real estate market had 19 homes for sale in April 2024, a 24.0% 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 | 3 | 2 | -33.3% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 12 | 7 | -41.7% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Cooper 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 decreased by 33.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Cooper Charter Township in April 2024, the same as the previous month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Cooper Charter Township, MI
How long does it take to sell a home in Cooper Charter Township, MI?
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Cooper Charter Township; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.