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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethel Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bethel Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bethel Township, MI

How much do homes in Bethel Township, MI cost?

Median Sold Price

$161,000

$121/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$49,950(-23.7%)

Key Takeaway

Homes in Bethel Township have sold for 23.7% less than they did a month ago.

Summary: The median home sold price in Bethel Township was $161,000 in November 2024, down 23.7% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $210.9K$161K
-23.7%
4 --
N/A
5+ --
N/A

Summary: Bethel Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 23.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Batavia Township
+27.9%
Bethel Township
-23.7%
Gilead Township
-80.1%

Housing Supply in Bethel Township, MI

How many homes are available in Bethel Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The Bethel Township real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Bethel 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 decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethel 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 Bethel 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 Bethel Township, MI

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

Average Sale Time

Oct 2024Nov 2024CHANGE
61 Days37 Days-39.3%

Summary: Homes in Bethel Township had an average of 37 days on market in Nov 2024, down by 39.3% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bethel Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Bethel 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.

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 Bethel Township, MI

Nearby Markets to Bethel Township, MI

What housing markets are near Bethel Township, MI?