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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brevort Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Brevort Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brevort Township, MI

How much do homes in Brevort Township, MI cost?

Median Sold Price

$165,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$96,250(-36.8%)

Key Takeaway

Homes in Brevort Township have sold for 36.8% less than they did a year ago.

Summary: The median home sold price in Brevort Township was $165,000 in September 2024, down 36.8% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$129.5K
N/A
2 $261.2K$199.5K
-23.6%
3 -$195K
N/A
4 --
N/A
5+ $261.9K$135K
-48.5%

Summary: Brevort Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 48.5%.

Median Sold Price Compared To Nearby Cities

Moran
-19.1%
Brevort Township
-36.8%
Moran Township
-52.0%

Housing Supply in Brevort Township, MI

How many homes are available in Brevort Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
65-16.7%

Summary: The Brevort Township real estate market had 5 homes for sale in September 2024, a 16.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 00
0.0%
5+ 22
0.0%

Summary: The Brevort Township housing inventory by bedroom type for September 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brevort Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Brevort Township in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brevort Township, MI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Brevort Township, MI

Nearby Markets to Brevort Township, MI