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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Breitung Charter Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Breitung Charter Township was a Neutral Market.

Key Takeaway

Breitung Charter Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Breitung Charter Township, MI

How much do homes in Breitung Charter Township, MI cost?

Median Sold Price

$390,000

$232/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$298,000(+323.9%)

Key Takeaway

Homes in Breitung Charter Township have sold for 323.9% more than they did a month ago.

Summary: The median home sold price in Breitung Charter Township was $390,000 in November 2024, up 323.9% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $92K-
N/A
3 --
N/A
4 --
N/A
5+ -$390K
N/A

Summary: Breitung Charter Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Breitung Charter Township
+323.9%
Kingsford
+88.8%
Niagara
-45.5%

Housing Supply in Breitung Charter Township, MI

How many homes are available in Breitung Charter Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1920+5.3%

Summary: The Breitung Charter Township real estate market had 20 homes for sale in November 2024, a 5.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 42
-50.0%
3 79
+28.6%
4 45
+25.0%
5+ 22
0.0%

Summary: The Breitung 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 50%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 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 Breitung Charter Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Breitung Charter Township in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Breitung Charter Township, MI

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

Average Sale Time

Oct 2024Nov 2024CHANGE
46 Days2 Days-95.7%

Summary: Homes in Breitung Charter Township had an average of 2 days on market in Nov 2024, down by 95.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Breitung Charter Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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Newest Listings in Breitung Charter Township, MI

Nearby Markets to Breitung Charter Township, MI

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MLS Disclaimers and Copyright

Based on information from MiRealSource Inc. DL, and Wisconsin Real Estate Exchange for the period 10/01/2024 - 12/01/2024

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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