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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aloha Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Aloha Township, MI

How much do homes in Aloha Township, MI cost?

Median Sold Price

$252,500

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+11.0%)

Key Takeaway

Homes in Aloha Township have sold for 11% more than they did a year ago.

Summary: The median home sold price in Aloha Township was $252,500 in October 2024, up 11% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $246.5K$265K
+7.5%
3 $340K$235K
-30.9%
4 $113.5K$2.3M
+1930.0%
5+ $170K-
N/A

Summary: Aloha Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 30.9%, 4 bedroom homes increased by 1930%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Grant Township
+21.4%
Aloha Township
+11.0%
Indian River
+7.2%
Benton Township
-22.9%

Housing Supply in Aloha Township, MI

How many homes are available in Aloha Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
32-33.3%

Summary: The Aloha Township real estate market had 2 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Aloha Township housing inventory by bedroom type for October 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Aloha Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Aloha Township in October 2024, the same as the previous 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 Aloha 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 20 Days Ago

Newest Listings in Aloha Township, MI

Nearby Markets to Aloha Township, MI

What housing markets are near Aloha Township, MI?