$1,419 Closing Credit*
$119,500
1,400 SqFt
2 Beds
•1 Full Bath
Kathryn VanCuren, Listing Office: Silvernail Realty
Is Austin Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Austin Township was a Seller's Market.
Key Takeaway
Austin Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Austin Township, MI
How much do homes in Austin Township, MI cost?
Median Sold Price
$265,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,100(+17.3%)
Key Takeaway
Homes in Austin Township have sold for 17.3% more than they did a year ago.
Summary: The median home sold price in Austin Township was $265,000 in November 2024, up 17.3% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $198.9K | $75K | -62.3% |
| 3 Bedrooms | $225.4K | $260K | +15.3% |
| 4 Bedrooms | $358.7K | $372.5K | +3.8% |
| 5+ Bedrooms | - | $282.4K | N/A |
Summary: Austin 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 decreased by 62.3%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Austin Township | $225.9K | $265K | +17.3% |
| Morton Township | $291.5K | $307K | +5.3% |
| Martiny Township | $224.2K | $205K | -8.6% |
Housing Supply in Austin Township, MI
How many homes are available in Austin Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Austin Township real estate market had 11 homes for sale in November 2024, a 22.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Austin 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 increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Austin 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 Austin Township in November 2024, down by 50.0% 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 Austin Township, MI
How long does it take to sell a home in Austin Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 42 Days | +61.5% |
Summary: Homes in Austin Township had an average of 42 days on market in Nov 2024, up by 61.5% 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
Key Takeaway
Avg time on Rocket Homes in Austin Township has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Austin 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.