$380,000
23.00 Acres
Land
Eric Senff, Listing Office: REO-TCRandolph-233022
Is Blair 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, Blair Township has remained a Seller's Market.
Key Takeaway
Blair Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blair Township, MI
How much do homes in Blair Township, MI cost?
Median Sold Price
$350,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+4.5%)
Key Takeaway
Homes in Blair Township have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Blair Township was $350,000 in November 2024, up 4.5% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $350K | N/A |
| 2 Bedrooms | $170K | $105K | -38.2% |
| 3 Bedrooms | $325K | $320K | -1.5% |
| 4 Bedrooms | $405K | $440K | +8.6% |
| 5+ Bedrooms | $742.5K | $533K | -28.2% |
Summary: Blair Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.2%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 28.2%.
Median Sold Price Compared To Nearby Cities
| Grawn | $330K | $359K | +8.8% |
| Garfield Charter Township | $369.7K | $399.9K | +8.2% |
| East Bay Township | $404.7K | $431.2K | +6.5% |
| Blair Township | $335K | $350K | +4.5% |
| Green Lake Township | $352.5K | $357K | +1.3% |
Housing Supply in Blair Township, MI
How many homes are available in Blair Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 53 | +8.2% |
Summary: The Blair Township real estate market had 53 homes for sale in November 2024, a 8.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 23 | 27 | +17.4% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Blair Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Blair Township, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Blair Township in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Blair Township, MI
How long does it take to sell a home in Blair Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 69 Days | +99.7% |
Summary: Homes in Blair Township had an average of 69 days on market in Nov 2024, up by 99.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Blair Township has remained consistent over time.
Summary: During November 2024, 10 homes were sold in Blair Township; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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