$2,343 Closing Credit*
$197,300
1,232 SqFt
3 Beds
•2 Full Baths
Lee Hoffmann, Listing Office: Remax Prime Properties
Is Burt 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, Burt Township has remained a Seller's Market.
Key Takeaway
Burt Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burt Township, MI
How much do homes in Burt Township, MI cost?
Median Sold Price
$180,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,500(+3.7%)
Key Takeaway
Homes in Burt Township have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Burt Township was $180,000 in November 2024, up 3.7% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $36.5K | N/A |
| 2 Bedrooms | $133.5K | $120K | -10.1% |
| 3 Bedrooms | $175K | $207.5K | +18.6% |
| 4 Bedrooms | $257K | $194.7K | -24.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Burt 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 10.1%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 24.2%, and 5+ bedroom homes did not change.
Housing Supply in Burt Township, MI
How many homes are available in Burt Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The Burt Township real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Burt 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 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Burt Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Burt Township in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Burt Township, MI
How long does it take to sell a home in Burt Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 3 Days | -93.8% |
Summary: Homes in Burt Township had an average of 3 days on market in Nov 2024, down by 93.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Burt Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Burt 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.