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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aurelius Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Aurelius Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Aurelius Township, MI

How much do homes in Aurelius Township, MI cost?

Median Sold Price

$300,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+15.4%)

Key Takeaway

Homes in Aurelius Township have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in Aurelius Township was $300,000 in November 2024, up 15.4% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$55K
N/A
2 $90K$124.5K
+38.3%
3 $255K$300K
+17.6%
4 $318K$259.9K
-18.3%
5+ $298.7K$382.9K
+28.2%

Summary: Aurelius Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.3%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes increased by 28.2%.

Median Sold Price Compared To Nearby Cities

Aurelius Township
+15.4%
Eaton Rapids Township
+13.7%
Delhi Charter Township
+4.4%
Holt
+1.9%

Housing Supply in Aurelius Township, MI

How many homes are available in Aurelius Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1917-10.5%

Summary: The Aurelius Township real estate market had 17 homes for sale in November 2024, a 10.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 10
-100.0%
3 119
-18.2%
4 56
+20.0%
5+ 21
-50.0%

Summary: The Aurelius Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aurelius Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Aurelius Township in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Aurelius Township, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days18 Days-40.4%

Summary: Homes in Aurelius Township had an average of 18 days on market in Nov 2024, down by 40.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Aurelius Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Aurelius Township; 60% of homes were sold within 30 days, 40% 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 17 Days Ago

Newest Listings in Aurelius Township, MI

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