$1,661 Closing Credit*
$139,900
1,315 SqFt
2 Beds
•1 Full Bath
Clifford Risner, Listing Office: Executive Brokers Residential and Commercial Real Estate
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 December 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
$199,900
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$19,900(+11.1%)
Key Takeaway
Homes in Blackman Charter Township have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Blackman Charter Township was $199,900 in December 2024, up 11.1% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67.5K | $130K | +92.6% |
| 2 Bedrooms | $136K | $135K | -0.7% |
| 3 Bedrooms | $187.5K | $200K | +6.7% |
| 4 Bedrooms | $275K | $273.5K | -0.5% |
| 5+ Bedrooms | $202.4K | $255.9K | +26.4% |
Summary: Blackman Charter Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 92.6%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 26.4%.
Median Sold Price Compared To Nearby Cities
| Blackman Charter Township | $180K | $199.9K | +11.1% |
| Jackson | $169.9K | $184.4K | +8.5% |
| Summit Township | $210.5K | $222K | +5.5% |
| Leoni Township | $222K | $219.4K | -1.2% |
Housing Supply in Blackman Charter Township, MI
How many homes are available in Blackman Charter Township, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 64 | 53 | -17.2% |
Summary: The Blackman Charter Township real estate market had 53 homes for sale in December 2024, a 17.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 34 | 28 | -17.6% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Blackman Charter Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blackman Charter Township, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Blackman Charter Township in December 2024, down by 5.9% month-over-month. Of the 16 sold homes, 38% were sold under asking, 19% were sold at asking, and 44% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 76 Days | 56 Days | -26.8% |
Summary: Homes in Blackman Charter Township had an average of 56 days on market in Dec 2024, down by 26.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Blackman Charter Township has remained consistent over time.
Summary: During December 2024, 16 homes were sold in Blackman Charter Township; 19% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
