Is Emmett 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, Emmett Charter Township was a Seller's Market.
Key Takeaway
Emmett Charter Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Emmett Charter Township, MI
How much do homes in Emmett Charter Township, MI cost?
Median Sold Price
$220,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Emmett Charter Township have sold for 6% more than they did a year ago.
Summary: The median home sold price in Emmett Charter Township was $220,000 in April 2024, up 6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | $94.5K | +62.9% |
| 2 Bedrooms | $107K | $142.6K | +33.3% |
| 3 Bedrooms | $219.9K | $225.4K | +2.5% |
| 4 Bedrooms | $265K | $292K | +10.2% |
| 5+ Bedrooms | $271K | $385.6K | +42.3% |
Summary: Emmett Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.9%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 42.3%.
Median Sold Price Compared To Nearby Cities
| Battle Creek | $154.5K | $174.9K | +13.2% |
| Pennfield Charter Township | $190K | $215K | +13.1% |
| Emmett Charter Township | $207.6K | $220K | +6.0% |
Housing Supply in Emmett Charter Township, MI
How many homes are available in Emmett Charter Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 38 | +15.2% |
Summary: The Emmett Charter Township real estate market had 38 homes for sale in April 2024, a 15.2% 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 | 7 | 10 | +42.9% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Emmett 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 42.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Emmett Charter Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Emmett Charter Township in April 2024, up by 200.0% 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 Emmett Charter Township, MI
How long does it take to sell a home in Emmett Charter Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 40 Days | -2.4% |
Summary: Homes in Emmett Charter Township had an average of 40 days on market in Apr 2024, down by 2.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Emmett Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Emmett Charter Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.