Is Port Huron 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, Port Huron Charter Township has remained a Seller's Market.
Housing Prices in Port Huron Charter Township, MI
How much do homes in Port Huron Charter Township, MI cost?
Median Sold Price
$155,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Port Huron Charter Township was $155,000 in April 2024, up 8.4% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $107.4K | $16K | -85.1% |
2 Bedrooms | $127.4K | $122K | -4.3% |
3 Bedrooms | $155K | $166K | +7.1% |
4 Bedrooms | $148.5K | $180.4K | +21.5% |
5+ Bedrooms | $155K | $150K | -3.2% |
Summary: Port Huron Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 85.1%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Cities
Smiths Creek | $189K | $234.9K | +24.3% |
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% |
Housing Supply in Port Huron Charter Township, MI
How many homes are available in Port Huron Charter Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 106 | +34.2% |
Summary: The Port Huron Charter Township real estate market had 106 homes for sale in April 2024, a 34.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 16 | 16 | 0.0% |
3 Bedrooms | 39 | 58 | +48.7% |
4 Bedrooms | 18 | 23 | +27.8% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Port Huron 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 remained the same, 3 bedroom homes increased by 48.7%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 31 | +72.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Port Huron Charter Township in April 2024, up by 72.2% month-over-month. Of the 31 sold homes, 26% were sold under asking, 32% were sold at asking, and 42% were sold over asking.
Days on Market for Port Huron Charter Township, MI
How long does it take to sell a home in Port Huron Charter Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 14 Days | -81.2% |
Summary: Homes in Port Huron Charter Township had an average of 14 days on market in Apr 2024, down by 81.2% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Port Huron Charter Township; 87% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.