Is Holland Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holland Charter Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Holland Charter Township has remained a Seller's Market.

Key Takeaway

Holland Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Holland Charter Township, MI

How much do homes in Holland Charter Township, MI cost?

Median Sold Price

$337,250

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,232(+7.1%)

Key Takeaway

Homes in Holland Charter Township have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Holland Charter Township was $337,250 in April 2024, up 7.1% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $188.7K$230K
+21.9%
2 $242K$260K
+7.4%
3 $306.6K$319.6K
+4.2%
4 $342K$394.9K
+15.5%
5+ $489.9K$554K
+13.1%

Summary: Holland Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.9%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 13.1%.

Median Sold Price Compared To Nearby Cities

Holland
+14.2%
Holland
+10.6%
Holland Charter Township
+7.1%
Zeeland
+6.1%
Zeeland Charter Township
-2.9%

Housing Supply in Holland Charter Township, MI

How many homes are available in Holland Charter Township, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
249260+4.4%

Summary: The Holland Charter Township real estate market had 260 homes for sale in April 2024, a 4.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 89
+12.5%
2 4754
+14.9%
3 9589
-6.3%
4 8082
+2.5%
5+ 1926
+36.8%

Summary: The Holland Charter Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 14.9%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 36.8%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
7884+7.7%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holland Charter Township, you could pay more than the asking price. 38.1% of homes here sold above asking price last month.

Summary: A total of 84 homes were sold or pending in Holland Charter Township in April 2024, up by 7.7% month-over-month. Of the 84 sold homes, 29% were sold under asking, 33% were sold at asking, and 38% were sold over asking.

Days on Market for Holland Charter Township, MI

How long does it take to sell a home in Holland Charter Township, MI?

Average Sale Time

Apr 2023Apr 2024CHANGE
44 Days26 Days-40.5%

Summary: Homes in Holland Charter Township had an average of 26 days on market in Apr 2024, down by 40.5% compared to last year.

Breakdown of Home Sale Times

64 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Holland Charter Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 84 homes were sold in Holland Charter Township; 76% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Holland Charter Township, MI

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