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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blissfield Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Blissfield Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Blissfield Township, MI

How much do homes in Blissfield Township, MI cost?

Median Sold Price

$181,625

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,625(+3.8%)

Key Takeaway

Homes in Blissfield Township have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Blissfield Township was $181,625 in October 2024, up 3.8% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $75K$109K
+45.3%
2 $126.4K$134.5K
+6.4%
3 $185K$195K
+5.4%
4 $234.5K$210K
-10.4%
5+ $202.5K$307.4K
+51.8%

Summary: Blissfield Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.3%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes increased by 51.8%.

Median Sold Price Compared To Nearby Cities

Blissfield Township
+3.8%
Blissfield
+3.8%
Deerfield Township
-2.2%

Housing Supply in Blissfield Township, MI

How many homes are available in Blissfield Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2016-20.0%

Summary: The Blissfield Township real estate market had 16 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 87
-12.5%
4 85
-37.5%
5+ 22
0.0%

Summary: The Blissfield Township housing inventory by bedroom type for October 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 12.5%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blissfield Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Blissfield Township in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Blissfield Township, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days73 Days+107.0%

Summary: Homes in Blissfield Township had an average of 73 days on market in Oct 2024, up by 107% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blissfield Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Blissfield Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Blissfield Township, MI

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