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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Au Sable Charter Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Au Sable Charter Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Au Sable Charter Township, MI

How much do homes in Au Sable Charter Township, MI cost?

Median Sold Price

$174,500

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,500(+22.0%)

Key Takeaway

Homes in Au Sable Charter Township have sold for 22% more than they did a year ago.

Summary: The median home sold price in Au Sable Charter Township was $174,500 in October 2024, up 22% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $170K$185K
+8.8%
3 $141.9K$152.5K
+7.4%
4 $220K$185K
-15.9%
5+ $210K-
N/A

Summary: Au Sable Charter 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 increased by 8.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Oscoda
+23.3%
Au Sable Charter Township
+22.0%
Oscoda Charter Township
+20.2%

Housing Supply in Au Sable Charter Township, MI

How many homes are available in Au Sable Charter Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108-20.0%

Summary: The Au Sable Charter Township real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 63
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Au Sable Charter 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 25%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 Sable Charter Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Au Sable Charter Township in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Au Sable Charter Township, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
58 Days63 Days+8.6%

Summary: Homes in Au Sable Charter Township had an average of 63 days on market in Oct 2024, up by 8.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Sable Charter Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Au Sable Charter Township; 0% of homes were sold within 30 days, 100% 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 16 Days Ago

Newest Listings in Au Sable Charter Township, MI

Nearby Markets to Au Sable Charter Township, MI

What housing markets are near Au Sable Charter Township, MI?