Is Au Gres, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Au Gres is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Au Gres has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Au Gres, MI

How much do homes in Au Gres, MI cost?

Median Sold Price

$190,000

$182/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$57,000(+42.9%)

Key Takeaway

Homes in Au Gres have sold for 42.9% more than they did a month ago.

Summary: The median home sold price in Au Gres was $190,000 in October 2024, up 42.9% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $97K-
N/A
2 $185K$127.5K
-31.1%
3 $181.4K$352.4K
+94.2%
4 --
N/A
5+ --
N/A

Summary: Au Gres housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.1%, 3 bedroom homes increased by 94.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Au Gres
+42.9%
Au Gres Township
+42.9%
Sims Township
+34.9%

Housing Supply in Au Gres, MI

How many homes are available in Au Gres, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3431-8.8%

Summary: The Au Gres real estate market had 31 homes for sale in October 2024, a 8.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 52
-60.0%
2 87
-12.5%
3 1820
+11.1%
4 32
-33.3%
5+ 00
0.0%

Summary: The Au Gres housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

5 Homes Were 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 Au Gres, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Au Gres in October 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Au Gres, MI

How long does it take to sell a home in Au Gres, MI?

Average Sale Time

Sep 2024Oct 2024CHANGE
76 Days61 Days-19.6%

Summary: Homes in Au Gres had an average of 61 days on market in Oct 2024, down by 19.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Au Gres has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Au Gres; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 Au Gres, MI

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