$3,622 Closing Credit*
$305,000
1,948 SqFt
3 Beds
•3 Full Baths
Watson Brothers Team, Listing Office: BNR Real Estate Group
Is Blackman Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Blackman Charter Township has remained a Seller's Market.
Key Takeaway
Blackman Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blackman Charter Township, MI
How much do homes in Blackman Charter Township, MI cost?
Median Sold Price
$200,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,000(+13.0%)
Key Takeaway
Homes in Blackman Charter Township have sold for 13% more than they did a year ago.
Summary: The median home sold price in Blackman Charter Township was $200,000 in November 2024, up 13% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67.5K | $130K | +92.6% |
| 2 Bedrooms | $139.5K | $127.5K | -8.6% |
| 3 Bedrooms | $187.5K | $200K | +6.7% |
| 4 Bedrooms | $275K | $272K | -1.1% |
| 5+ Bedrooms | $209.6K | $219.9K | +4.9% |
Summary: Blackman Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 92.6%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Cities
| Blackman Charter Township | $177K | $200K | +13.0% |
| Jackson | $165.9K | $185K | +11.5% |
| Summit Township | $205.4K | $222K | +8.1% |
| Rives Township | $248K | $267.5K | +7.9% |
| Leoni Township | $214.9K | $219.9K | +2.3% |
Housing Supply in Blackman Charter Township, MI
How many homes are available in Blackman Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 65 | +3.2% |
Summary: The Blackman Charter Township real estate market had 65 homes for sale in November 2024, a 3.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 35 | 32 | -8.6% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Blackman Charter Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Blackman Charter Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Blackman Charter Township in November 2024, down by 6.7% month-over-month. Of the 14 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% were sold over asking.
Days on Market for Blackman Charter Township, MI
How long does it take to sell a home in Blackman Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 39 Days | +19.1% |
Summary: Homes in Blackman Charter Township had an average of 39 days on market in Nov 2024, up by 19.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blackman Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Blackman Charter Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.