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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing York Charter Township is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, York Charter Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in York Charter Township, MI

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

Median Sold Price

$552,500

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$38,199(+7.4%)

Key Takeaway

Homes in York Charter Township have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in York Charter Township was $552,500 in April 2024, up 7.4% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $155K$220.3K
+42.2%
3 $377K$410.5K
+8.9%
4 $550K$577.5K
+5.0%
5+ $650K$697.5K
+7.3%

Summary: York Charter 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 42.2%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Cities

Milan
+15.0%
York Charter Township
+7.4%
Pittsfield Charter Township
+3.4%
Augusta Charter Township
+1.5%
Saline
-5.9%

Housing Supply in York Charter Township, MI

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2921-27.6%

Summary: The York Charter Township real estate market had 21 homes for sale in April 2024, a 27.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 85
-37.5%
4 1812
-33.3%
5+ 34
+33.3%

Summary: The York Charter 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 remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in York Charter Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in York Charter Township in April 2024, down by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for York Charter Township, MI

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

Average Sale Time

Apr 2023Apr 2024CHANGE
97 Days49 Days-49.2%

Summary: Homes in York Charter Township had an average of 49 days on market in Apr 2024, down by 49.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 8 homes were sold in York Charter Township; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 York Charter Township, MI

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