$4,749 Closing Credit*
$399,900
1,510 SqFt
3 Beds
•2 Full Baths
Frank Yaldo, Listing Office: Wilbanks Real Estate
Is Brownstown Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Brownstown Charter Township has remained a Seller's Market.
Key Takeaway
Brownstown Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brownstown Charter Township, MI
How much do homes in Brownstown Charter Township, MI cost?
Median Sold Price
$300,500
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,000(+8.3%)
Key Takeaway
Homes in Brownstown Charter Township have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Brownstown Charter Township was $300,500 in October 2024, up 8.3% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.4K | - | N/A |
| 2 Bedrooms | $193.2K | $205K | +6.1% |
| 3 Bedrooms | $270.9K | $285.2K | +5.3% |
| 4 Bedrooms | $357K | $406.5K | +13.9% |
| 5+ Bedrooms | $394.9K | $300K | -24.1% |
Summary: Brownstown Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 24.1%.
Housing Supply in Brownstown Charter Township, MI
How many homes are available in Brownstown Charter Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 92 | -4.2% |
Summary: The Brownstown Charter Township real estate market had 92 homes for sale in October 2024, a 4.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 24 | 24 | 0.0% |
| 3 Bedrooms | 44 | 44 | 0.0% |
| 4 Bedrooms | 24 | 21 | -12.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Brownstown Charter Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brownstown Charter Township, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Brownstown Charter Township in October 2024, down by 13.8% month-over-month. Of the 25 sold homes, 48% were sold under asking, 24% were sold at asking, and 28% were sold over asking.
Days on Market for Brownstown Charter Township, MI
How long does it take to sell a home in Brownstown Charter Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 25 Days | +122.0% |
Summary: Homes in Brownstown Charter Township had an average of 25 days on market in Oct 2024, up by 122% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brownstown Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in Brownstown Charter Township; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.