$149,900
50.00 Acres
Land
Gabriel Forro, Listing Office: Century 21 Metro Brokers-Davison
Is Albert Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Albert Township has remained a Seller's Market.
Key Takeaway
Albert Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Albert Township, MI
How much do homes in Albert Township, MI cost?
Median Sold Price
$210,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,000(+0.5%)
Key Takeaway
The sold price of homes in Albert Township has remained the same since last year.
Summary: The median home sold price in Albert Township was $210,000 in October 2024, up 0.5% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.2K | $190K | +62.0% |
| 2 Bedrooms | $143.5K | $140K | -2.4% |
| 3 Bedrooms | $204.4K | $237.5K | +16.2% |
| 4 Bedrooms | $335K | $362K | +8.1% |
| 5+ Bedrooms | $454.5K | $680K | +49.6% |
Summary: Albert Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 49.6%.
Median Sold Price Compared To Nearby Cities
| Lewiston | $165.5K | $176K | +6.3% |
| Albert Township | $209K | $210K | 0.5% |
| Greenwood Township | $165K | $162.8K | -1.3% |
| Charlton Township | $268.2K | $212.5K | -20.8% |
Housing Supply in Albert Township, MI
How many homes are available in Albert Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 38 | -2.6% |
Summary: The Albert Township real estate market had 38 homes for sale in October 2024, a 2.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Albert Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Albert Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Albert Township in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Albert Township, MI
How long does it take to sell a home in Albert Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 25 Days | +19.0% |
Summary: Homes in Albert Township had an average of 25 days on market in Oct 2024, up by 19% 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
Key Takeaway
Many homes in Albert Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Albert Township; 14% 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.
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