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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ash Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Ash Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Ash Township, MI

How much do homes in Ash Township, MI cost?

Median Sold Price

$290,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+18.4%)

Key Takeaway

Homes in Ash Township have sold for 18.4% more than they did a year ago.

Summary: The median home sold price in Ash Township was $290,000 in November 2024, up 18.4% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $135K-
N/A
2 $190K$159.9K
-15.8%
3 $245K$272K
+11.0%
4 $340K$335K
-1.5%
5+ $280K$427.5K
+52.7%

Summary: Ash Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 52.7%.

Median Sold Price Compared To Nearby Cities

Carleton
+21.9%
Ash Township
+18.4%
Berlin Charter Township
+8.1%
Huron Charter Township
+5.6%
Flat Rock
-0.8%

Housing Supply in Ash Township, MI

How many homes are available in Ash Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1413-7.1%

Summary: The Ash Township real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 10
-100.0%
3 76
-14.3%
4 55
0.0%
5+ 11
0.0%

Summary: The Ash Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ash Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Ash Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Ash Township, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
63 Days63 Days0.0%

Summary: Homes in Ash Township had an average of 63 days on market in Nov 2024, the same as last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ash Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Ash Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

Newest Listings in Ash Township, MI

Nearby Markets to Ash Township, MI

What housing markets are near Ash Township, MI?