$1,336 Closing Credit*
$112,500
768 SqFt
3 Beds
•1 Full Bath
Cathy Jewell, Listing Office: RE/MAX Perrett Associates
Is Bedford 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, Bedford Charter Township has remained a Seller's Market.
Key Takeaway
Bedford Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bedford Charter Township, MI
How much do homes in Bedford Charter Township, MI cost?
Median Sold Price
$188,950
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,450(+20.7%)
Key Takeaway
Homes in Bedford Charter Township have sold for 20.7% more than they did a year ago.
Summary: The median home sold price in Bedford Charter Township was $188,950 in October 2024, up 20.7% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $306.5K | $60K | -80.4% |
| 2 Bedrooms | $136.5K | $127.4K | -6.6% |
| 3 Bedrooms | $151K | $205K | +35.8% |
| 4 Bedrooms | $242.5K | $267.5K | +10.3% |
| 5+ Bedrooms | $592.5K | $531.1K | -10.4% |
Summary: Bedford Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 80.4%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 35.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 10.4%.
Median Sold Price Compared To Nearby Cities
| Bedford Charter Township | $156.5K | $188.9K | +20.7% |
| Battle Creek | $160K | $179.9K | +12.4% |
| Springfield | $135K | $149.9K | +11.0% |
| Pennfield Charter Township | $212K | $215K | +1.4% |
| Ross Township | $430K | $357.5K | -16.9% |
Housing Supply in Bedford Charter Township, MI
How many homes are available in Bedford Charter Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 36 | -10.0% |
Summary: The Bedford Charter Township real estate market had 36 homes for sale in October 2024, a 10.0% decrease 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 | 10 | 4 | -60.0% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bedford 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 decreased by 60%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bedford Charter Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Bedford Charter Township in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Bedford Charter Township, MI
How long does it take to sell a home in Bedford Charter Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 30 Days | +43.9% |
Summary: Homes in Bedford Charter Township had an average of 30 days on market in Oct 2024, up by 43.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bedford Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Bedford Charter Township; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
