Is Hartland Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hartland Township has remained a Seller's Market.
Housing Prices in Hartland Township, MI
How much do homes in Hartland Township, MI cost?
Median Sold Price
$425,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hartland Township was $425,000 in May 2024, up 2.5% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.5K | - | N/A |
2 Bedrooms | $253.6K | $272.5K | +7.4% |
3 Bedrooms | $360K | $425K | +18.1% |
4 Bedrooms | $475K | $451K | -5.1% |
5+ Bedrooms | $575K | $523.5K | -9.0% |
Summary: Hartland Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 18.1%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 9%.
Median Sold Price Compared To Nearby Cities
Hartland | $365K | $408K | +11.8% |
Highland Charter Township | $330K | $339.6K | +2.9% |
Hartland Township | $414.7K | $425K | +2.5% |
Highland | $325K | $332.5K | +2.3% |
Tyrone Township | $402K | $400K | -0.5% |
Housing Supply in Hartland Township, MI
How many homes are available in Hartland Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 40 | -11.1% |
Summary: The Hartland Township real estate market had 40 homes for sale in May 2024, a 11.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 17 | 12 | -29.4% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Hartland Township housing inventory by bedroom type for May 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 29.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 11 | -45.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Hartland Township in May 2024, down by 45.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 0% were sold at asking, and 36% were sold over asking.
Days on Market for Hartland Township, MI
How long does it take to sell a home in Hartland Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 20 Days | -32.2% |
Summary: Homes in Hartland Township had an average of 20 days on market in May 2024, down by 32.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Hartland Township; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.