Is Courtland 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, Courtland Township has remained a Seller's Market.
Housing Prices in Courtland Township, MI
How much do homes in Courtland Township, MI cost?
Median Sold Price
$448,715
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Courtland Township was $448,715 in April 2024, up 8.1% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $326.5K | +42.0% |
3 Bedrooms | $327.5K | $360K | +9.9% |
4 Bedrooms | $415K | $465K | +12.0% |
5+ Bedrooms | $542.5K | $661K | +21.8% |
Summary: Courtland 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 42%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 21.8%.
Median Sold Price Compared To Nearby Cities
Rockford | $389.2K | $422K | +8.4% |
Courtland Township | $415K | $448.7K | +8.1% |
Cedar Springs | $275K | $296K | +7.6% |
Oakfield Township | $314K | $325K | +3.5% |
Cannon Township | $445K | $451.5K | +1.5% |
Housing Supply in Courtland Township, MI
How many homes are available in Courtland Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 23 | +64.3% |
Summary: The Courtland Township real estate market had 23 homes for sale in April 2024, a 64.3% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 3 | 10 | +233.3% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Courtland 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 increased by 233.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Courtland Township in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Courtland Township, MI
How long does it take to sell a home in Courtland Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 7 Days | -56.3% |
Summary: Homes in Courtland Township had an average of 7 days on market in Apr 2024, down by 56.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Courtland Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.