Is South Haven 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
At the same time last year, South Haven Charter Township was a Seller's Market.
Key Takeaway
South Haven Charter Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in South Haven Charter Township, MI
How much do homes in South Haven Charter Township, MI cost?
Median Sold Price
$398,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in South Haven Charter Township have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in South Haven Charter Township was $398,000 in April 2024, up 10.6% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $234.9K | $285K | +21.3% |
| 2 Bedrooms | $306.2K | $335K | +9.4% |
| 3 Bedrooms | $310K | $349.9K | +12.9% |
| 4 Bedrooms | $434.9K | $526.5K | +21.0% |
| 5+ Bedrooms | $740K | $741.1K | 0.2% |
Summary: South Haven Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.3%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 21%, and 5+ bedroom homes increased by 0.2%.
Median Sold Price Compared To Nearby Cities
| South Haven Charter Township | $360K | $398K | +10.6% |
| Geneva Township | $260K | $285K | +9.6% |
| Casco Township | $397K | $405K | +2.0% |
| South Haven | $393.5K | $398K | +1.1% |
Housing Supply in South Haven Charter Township, MI
How many homes are available in South Haven Charter Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 94 | 106 | +12.8% |
Summary: The South Haven Charter Township real estate market had 106 homes for sale in April 2024, a 12.8% increase 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 | 8 | 10 | +25.0% |
| 3 Bedrooms | 26 | 34 | +30.8% |
| 4 Bedrooms | 29 | 27 | -6.9% |
| 5+ Bedrooms | 31 | 34 | +9.7% |
Summary: The South Haven 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 25%, 3 bedroom homes increased by 30.8%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 9.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Haven Charter Township, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in South Haven Charter Township in April 2024, up by 41.7% month-over-month. Of the 17 sold homes, 41% were sold under asking, 35% were sold at asking, and 24% were sold over asking.
Days on Market for South Haven Charter Township, MI
How long does it take to sell a home in South Haven Charter Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 119 Days | 33 Days | -71.6% |
Summary: Homes in South Haven Charter Township had an average of 33 days on market in Apr 2024, down by 71.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Haven Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in South Haven Charter Township; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.