$199,900
39.72 Acres
Land
Katelyn McClanahan, Listing Office: Mi Choice Realty
Is Augusta Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Augusta Charter Township has remained a Seller's Market.
Key Takeaway
Augusta Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Augusta Charter Township, MI
How much do homes in Augusta Charter Township, MI cost?
Median Sold Price
$332,500
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$6,000(-1.8%)
Key Takeaway
Homes in Augusta Charter Township have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Augusta Charter Township was $332,500 in October 2024, down 1.8% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $188K | $200K | +6.4% |
| 3 Bedrooms | $305K | $301.5K | -1.1% |
| 4 Bedrooms | $396.2K | $405K | +2.2% |
| 5+ Bedrooms | $495K | $490K | -1.0% |
Summary: Augusta 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 6.4%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
| London Township | $237.5K | $257.4K | +8.4% |
| Sumpter Township | $275K | $295K | +7.3% |
| Ypsilanti Charter Township | $270.7K | $280.1K | +3.5% |
| Willis | $305K | $315K | +3.3% |
| Augusta Charter Township | $338.5K | $332.5K | -1.8% |
Housing Supply in Augusta Charter Township, MI
How many homes are available in Augusta Charter Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 39 | +11.4% |
Summary: The Augusta Charter Township real estate market had 39 homes for sale in October 2024, a 11.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Augusta 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Augusta Charter Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Augusta Charter Township in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Augusta Charter Township, MI
How long does it take to sell a home in Augusta Charter Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 14 Days | -55.0% |
Summary: Homes in Augusta Charter Township had an average of 14 days on market in Oct 2024, down by 55% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Augusta Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Augusta Charter Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.