Is Swartz Creek, 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, Swartz Creek has remained a Seller's Market.
Housing Prices in Swartz Creek, MI
How much do homes in Swartz Creek, MI cost?
Median Sold Price
$234,833
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Swartz Creek was $234,833 in April 2024, up 11.8% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $180K | $209.9K | +16.6% |
3 Bedrooms | $200K | $220.2K | +10.1% |
4 Bedrooms | $254.9K | $279.9K | +9.8% |
5+ Bedrooms | $287.4K | $295.9K | +3.0% |
Summary: Swartz Creek 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 16.6%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
Swartz Creek | $210K | $234.8K | +11.8% |
Clayton Charter Township | $233.4K | $225K | -3.6% |
Gaines Township | $249.9K | $238K | -4.8% |
Flint Charter Township | $96.5K | $80K | -17.1% |
Housing Supply in Swartz Creek, MI
How many homes are available in Swartz Creek, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
72 | 76 | +5.6% |
Summary: The Swartz Creek real estate market had 76 homes for sale in April 2024, a 5.6% 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 | 7 | 11 | +57.1% |
3 Bedrooms | 45 | 41 | -8.9% |
4 Bedrooms | 15 | 19 | +26.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Swartz Creek 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 57.1%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 22 | -4.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Swartz Creek in April 2024, down by 4.3% month-over-month. Of the 22 sold homes, 41% were sold under asking, 23% were sold at asking, and 36% were sold over asking.
Days on Market for Swartz Creek, MI
How long does it take to sell a home in Swartz Creek, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 30 Days | +51.7% |
Summary: Homes in Swartz Creek had an average of 30 days on market in Apr 2024, up by 51.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Swartz Creek; 68% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.