Is Fruitport 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, Fruitport Charter Township has remained a Seller's Market.
Housing Prices in Fruitport Charter Township, MI
How much do homes in Fruitport Charter Township, MI cost?
Median Sold Price
$302,500
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fruitport Charter Township was $302,500 in April 2024, up 16.3% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $245K | $286.5K | +16.9% |
3 Bedrooms | $239.9K | $271K | +13.0% |
4 Bedrooms | $314.5K | $362K | +15.1% |
5+ Bedrooms | $419.9K | $402K | -4.3% |
Summary: Fruitport 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 increased by 16.9%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Cities
Fruitport Charter Township | $260.1K | $302.5K | +16.3% |
Muskegon | $155.8K | $180.1K | +15.6% |
Fruitport | $280.7K | $319.9K | +13.9% |
Spring Lake Township | $390.3K | $394K | +0.9% |
Sullivan Township | $255K | $250K | -2.0% |
Housing Supply in Fruitport Charter Township, MI
How many homes are available in Fruitport Charter Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 46 | -4.2% |
Summary: The Fruitport Charter Township real estate market had 46 homes for sale in April 2024, a 4.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 26 | 23 | -11.5% |
4 Bedrooms | 11 | 9 | -18.2% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Fruitport Charter Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 13 | -35.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Fruitport Charter Township in April 2024, down by 35.0% month-over-month. Of the 13 sold homes, 23% were sold under asking, 31% were sold at asking, and 46% were sold over asking.
Days on Market for Fruitport Charter Township, MI
How long does it take to sell a home in Fruitport Charter Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 23 Days | +56.4% |
Summary: Homes in Fruitport Charter Township had an average of 23 days on market in Apr 2024, up by 56.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Fruitport Charter Township; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.