Is Fort Gratiot 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
Since last year, Fort Gratiot Charter Township has remained a Seller's Market.
Housing Prices in Fort Gratiot Charter Township, MI
How much do homes in Fort Gratiot Charter Township, MI cost?
Median Sold Price
$250,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fort Gratiot Charter Township was $250,000 in April 2024, up 9.4% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $200K | $191.5K | -4.3% |
3 Bedrooms | $225K | $237K | +5.3% |
4 Bedrooms | $344.9K | $349K | +1.2% |
5+ Bedrooms | $370K | $312K | -15.7% |
Summary: Fort Gratiot Charter 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 4.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Cities
Fort Gratiot | $225K | $254K | +12.9% |
Fort Gratiot Charter Township | $228.4K | $250K | +9.4% |
Port Huron | $141.7K | $155K | +9.3% |
Port Huron Charter Township | $143K | $155K | +8.4% |
North Street | $250K | $249.9K | 0% |
Housing Supply in Fort Gratiot Charter Township, MI
How many homes are available in Fort Gratiot Charter Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 23 | +53.3% |
Summary: The Fort Gratiot Charter Township real estate market had 23 homes for sale in April 2024, a 53.3% 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 | 2 | 0.0% |
3 Bedrooms | 7 | 12 | +71.4% |
4 Bedrooms | 5 | 9 | +80.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Fort Gratiot 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 remained the same, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 80%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Fort Gratiot Charter Township in April 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Fort Gratiot Charter Township, MI
How long does it take to sell a home in Fort Gratiot Charter Township, MI?
Breakdown of Home Sale Times
3 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, 5 homes were sold in Fort Gratiot Charter Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.