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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amboy Township is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Amboy Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Amboy Township, MI

How much do homes in Amboy Township, MI cost?

Median Sold Price

$329,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,000(+7.9%)

Key Takeaway

Homes in Amboy Township have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Amboy Township was $329,000 in October 2024, up 7.9% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$105K
N/A
2 $232K$195K
-15.9%
3 $297.7K$365K
+22.6%
4 -$262K
N/A
5+ $340K$400K
+17.6%

Summary: Amboy 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 decreased by 15.9%, 3 bedroom homes increased by 22.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Cities

Amboy Township
+7.9%
Osseo
-0.5%

Housing Supply in Amboy Township, MI

How many homes are available in Amboy Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
880.0%

Summary: The Amboy Township real estate market had 8 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 55
0.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The Amboy 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amboy Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Amboy Township in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Amboy Township, MI

How long does it take to sell a home in Amboy Township, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days83 Days+119.7%

Summary: Homes in Amboy Township had an average of 83 days on market in Oct 2024, up by 119.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Amboy Township has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Amboy Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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 Amboy Township, MI

Nearby Markets to Amboy Township, MI