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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Au Gres Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Au Gres Township was a Seller's Market.

Key Takeaway

Au Gres Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Au Gres Township, MI

How much do homes in Au Gres Township, MI cost?

Median Sold Price

$217,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,000(+14.2%)

Key Takeaway

Homes in Au Gres Township have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in Au Gres Township was $217,000 in November 2024, up 14.2% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $108.5K$94.5K
-12.9%
2 $164.2K$170.5K
+3.8%
3 $200K$255K
+27.5%
4 $300K$359K
+19.7%
5+ $290K-
N/A

Summary: Au Gres Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.9%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Au Gres Township
+14.2%
Au Gres
+14.2%
Sims Township
-8.4%

Housing Supply in Au Gres Township, MI

How many homes are available in Au Gres Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3026-13.3%

Summary: The Au Gres Township real estate market had 26 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 84
-50.0%
3 1717
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Au Gres Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

0 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 Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Au Gres Township in November 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Au Gres Township, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
67 Days213 Days+217.9%

Summary: Homes in Au Gres Township had an average of 213 days on market in Nov 2024, up by 217.9% compared to last year.

Breakdown of Home Sale Times

0 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

Most homes in Au Gres Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Au Gres Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 2 Days Ago

Newest Listings in Au Gres Township, MI

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