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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avery Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Avery Township, MI

How much do homes in Avery Township, MI cost?

Median Sold Price

$152,450

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$47,550(-23.8%)

Key Takeaway

Homes in Avery Township have sold for 23.8% less than they did a year ago.

Summary: The median home sold price in Avery Township was $152,450 in November 2024, down 23.8% from last year, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$25K
N/A
2 $225K$71.5K
-68.2%
3 $273.3K$209.9K
-23.2%
4 $145K$210K
+44.8%
5+ --
N/A

Summary: Avery 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 68.2%, 3 bedroom homes decreased by 23.2%, 4 bedroom homes increased by 44.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Briley Township
+22.0%
Atlanta
+10.7%
Avery Township
-23.8%

Housing Supply in Avery Township, MI

How many homes are available in Avery Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The Avery Township real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 33
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Avery 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avery Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Avery Township in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Avery Township, MI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Avery Township, MI

Nearby Markets to Avery Township, MI

What housing markets are near Avery Township, MI?