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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Big Creek Township is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Big Creek Township has remained a Buyer's Market.

Key Takeaway

Big Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Big Creek Township, MI

How much do homes in Big Creek Township, MI cost?

Median Sold Price

$110,720

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,720(+16.5%)

Key Takeaway

Homes in Big Creek Township have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in Big Creek Township was $110,720 in November 2024, up 16.5% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $46K$44.2K
-3.8%
2 $74.9K$90K
+20.1%
3 $156.4K$143K
-8.6%
4 $170K$318.5K
+87.4%
5+ -$844.9K
N/A

Summary: Big Creek Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 20.1%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 87.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Big Creek Township
+16.5%
Mio
+15.0%

Housing Supply in Big Creek Township, MI

How many homes are available in Big Creek Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2123+9.5%

Summary: The Big Creek Township real estate market had 23 homes for sale in November 2024, a 9.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 98
-11.1%
3 69
+50.0%
4 55
0.0%
5+ 00
0.0%

Summary: The Big Creek 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 decreased by 11.1%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were 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 Big Creek Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Big Creek Township in November 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Big Creek 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 17 Days Ago

Newest Listings in Big Creek Township, MI

Nearby Markets to Big Creek Township, MI

What housing markets are near Big Creek Township, MI?