Is Hart 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, Hart Township was a Buyer's Market.
Housing Prices in Hart Township, MI
How much do homes in Hart Township, MI cost?
Median Sold Price
$230,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hart Township was $230,000 in April 2024, up 3.4% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.5K | - | N/A |
2 Bedrooms | $126.5K | $171.7K | +35.8% |
3 Bedrooms | $240K | $230K | -4.2% |
4 Bedrooms | $120K | $290K | +141.7% |
5+ Bedrooms | - | $275K | N/A |
Summary: Hart 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 35.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 141.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Hart | $147.5K | $230K | +55.9% |
Golden Township | $303.1K | $390K | +28.6% |
Mears | $310K | $390K | +25.8% |
Hart Township | $222.4K | $230K | +3.4% |
Housing Supply in Hart Township, MI
How many homes are available in Hart Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Summary: The Hart Township real estate market had 11 homes for sale in April 2024, a 10.0% 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 | 3 | 5 | +66.7% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Hart 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
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 Hart 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 Hart Township, MI
How long does it take to sell a home in Hart Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 15 Days | +290.0% |
Summary: Homes in Hart Township had an average of 15 days on market in Apr 2024, up by 290% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Hart Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.