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 neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Au Gres Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Au Gres Township, MI

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

Median Sold Price

$229,900

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$39,900(+21.0%)

Key Takeaway

Homes in Au Gres Township have sold for 21% more than they did a year ago.

Summary: The median home sold price in Au Gres Township was $229,900 in December 2024, up 21% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $97K$95.7K
-1.3%
2 $155K$242.5K
+56.5%
3 $200K$247.5K
+23.8%
4 $265K$359K
+35.5%
5+ $290K-
N/A

Summary: Au Gres Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 56.5%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 35.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Au Gres Township
+21.0%
Au Gres
+18.4%

Housing Supply in Au Gres Township, MI

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

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2624-7.7%

Summary: The Au Gres Township real estate market had 24 homes for sale in December 2024, a 7.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 54
-20.0%
3 1616
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Au Gres Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were 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 Au Gres Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Au Gres Township in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% 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

Dec 2023Dec 2024CHANGE
179 Days65 Days-63.5%

Summary: Homes in Au Gres Township had an average of 65 days on market in Dec 2024, down by 63.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 4 homes were sold in Au Gres Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Au Gres Township, MI

Nearby Markets to Au Gres Township, MI

What housing markets are near Au Gres Township, MI?