$1,781 Closing Credit*
$150,000
1,456 SqFt
3 Beds
•2 Full Baths
Robert Seggie, Listing Office: Keller Williams Paint Creek
Is Burt 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, 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
$187,350
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,850(+10.5%)
Key Takeaway
Homes in Burt Township have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Burt Township was $187,350 in October 2024, up 10.5% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $36.5K | N/A |
| 2 Bedrooms | $122K | $112.5K | -7.8% |
| 3 Bedrooms | $183K | $210K | +14.8% |
| 4 Bedrooms | $191K | $212.3K | +11.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Burt 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 decreased by 7.8%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 11.2%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Burt Township real estate market had 16 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Burt Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Burt 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 Burt Township in October 2024, the same as the previous 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 Burt Township, MI
How long does it take to sell a home in Burt Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 37 Days | +152.3% |
Summary: Homes in Burt Township had an average of 37 days on market in Oct 2024, up by 152.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Burt Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Burt Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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.