Is Huron Charter 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, Huron Charter Township has remained a Seller's Market.
Housing Prices in Huron Charter Township, MI
How much do homes in Huron Charter Township, MI cost?
Median Sold Price
$335,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Huron Charter Township was $335,500 in May 2024, up 11.8% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $97.5K | - | N/A |
2 Bedrooms | $210K | $222K | +5.7% |
3 Bedrooms | $295K | $335K | +13.6% |
4 Bedrooms | $395K | $386K | -2.3% |
5+ Bedrooms | $530K | $481K | -9.2% |
Summary: Huron Charter 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 5.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
Brownstown Charter Township | $269.2K | $303K | +12.5% |
Huron Charter Township | $300K | $335.5K | +11.8% |
Ash Township | $260K | $290K | +11.5% |
Romulus | $179.5K | $192.7K | +7.4% |
Flat Rock | $305.5K | $312.9K | +2.4% |
Housing Supply in Huron Charter Township, MI
How many homes are available in Huron Charter Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 33 | +32.0% |
Summary: The Huron Charter Township real estate market had 33 homes for sale in May 2024, a 32.0% increase 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 | 1 | 5 | +400.0% |
3 Bedrooms | 16 | 14 | -12.5% |
4 Bedrooms | 5 | 12 | +140.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Huron Charter 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 increased by 400%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 140%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Huron Charter Township in May 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Huron Charter Township, MI
How long does it take to sell a home in Huron Charter Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 11 Days | -22.7% |
Summary: Homes in Huron Charter Township had an average of 11 days on market in May 2024, down by 22.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Huron Charter 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.