$819 Closing Credit*
$69,000
1,152 SqFt
2 Beds
•2 Full Baths
Alicia P Johnson, Listing Office: Greenridge Realty (West)
Is Brandon 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, Brandon Charter Township has remained a Seller's Market.
Key Takeaway
Brandon Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brandon Charter Township, MI
How much do homes in Brandon Charter Township, MI cost?
Median Sold Price
$375,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+7.1%)
Key Takeaway
Homes in Brandon Charter Township have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Brandon Charter Township was $375,000 in November 2024, up 7.1% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118K | $315.9K | +167.7% |
| 2 Bedrooms | $180.5K | $197.5K | +9.4% |
| 3 Bedrooms | $326.2K | $365K | +11.9% |
| 4 Bedrooms | $437K | $430K | -1.6% |
| 5+ Bedrooms | $320K | $419K | +30.9% |
Summary: Brandon Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 167.7%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 30.9%.
Median Sold Price Compared To Nearby Cities
| Oxford Charter Township | $383.5K | $425K | +10.8% |
| Hadley Township | $348K | $375K | +7.8% |
| Brandon Charter Township | $350K | $375K | +7.1% |
| Independence Charter Township | $390.4K | $416K | +6.5% |
| Ortonville | $371K | $376K | +1.4% |
Housing Supply in Brandon Charter Township, MI
How many homes are available in Brandon Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 38 | -19.1% |
Summary: The Brandon Charter Township real estate market had 38 homes for sale in November 2024, a 19.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 15 | 9 | -40.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Brandon Charter 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 20%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 8 | -55.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brandon Charter Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Brandon Charter Township in November 2024, down by 55.6% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Brandon Charter Township, MI
How long does it take to sell a home in Brandon Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 17 Days | -64.2% |
Summary: Homes in Brandon Charter Township had an average of 17 days on market in Nov 2024, down by 64.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brandon Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Brandon Charter Township; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
