Is Ganges 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, Ganges Township was a Seller's Market.
Housing Prices in Ganges Township, MI
How much do homes in Ganges Township, MI cost?
Median Sold Price
$408,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ganges Township was $408,000 in April 2024, down 27.1% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $724K | +313.7% |
2 Bedrooms | $300K | $368K | +22.7% |
3 Bedrooms | $525K | $399.9K | -23.8% |
4 Bedrooms | $600K | $425K | -29.2% |
5+ Bedrooms | $1.1M | $958.7K | -16.6% |
Summary: Ganges Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 313.7%, 2 bedroom homes increased by 22.7%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes decreased by 16.6%.
Median Sold Price Compared To Nearby Cities
Clyde Township | $250K | $274.9K | +10.0% |
Saugatuck Township | $560K | $594.5K | +6.2% |
Pullman | $180K | $179K | -0.6% |
Manlius Township | $342.5K | $330K | -3.6% |
Ganges Township | $560K | $408K | -27.1% |
Housing Supply in Ganges Township, MI
How many homes are available in Ganges Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Summary: The Ganges Township real estate market had 8 homes for sale in April 2024, a 38.5% decrease 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 | 1 | 0 | -100.0% |
3 Bedrooms | 6 | 4 | -33.3% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Ganges 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 decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Ganges Township in April 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ganges Township, MI
How long does it take to sell a home in Ganges Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
106 Days | 9 Days | -91.5% |
Summary: Homes in Ganges Township had an average of 9 days on market in Apr 2024, down by 91.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Ganges Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.