$2,820 Closing Credit*
$237,500
1,247 SqFt
3 Beds
•2 Full Baths
#50163212, Lawrence Palleschi, Jr., Listing Office: Premier Properties Inc
Is Burtchville Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Burtchville Township has remained a Seller's Market.
Key Takeaway
Burtchville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burtchville Township, MI
How much do homes in Burtchville Township, MI cost?
Median Sold Price
$315,000
$170/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$127,500(+68.0%)
Key Takeaway
Homes in Burtchville Township have sold for 68% more than they did a month ago.
Summary: The median home sold price in Burtchville Township was $315,000 in November 2024, up 68% from last month, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $167.5K | -16.3% |
| 3 Bedrooms | $181K | $315K | +74.0% |
| 4 Bedrooms | - | $555K | N/A |
| 5+ Bedrooms | $175K | - | N/A |
Summary: Burtchville 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 decreased by 16.3%, 3 bedroom homes increased by 74%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Burtchville Township | $187.5K | $315K | +68.0% |
| Worth Township | $235.4K | $335K | +42.3% |
Housing Supply in Burtchville Township, MI
How many homes are available in Burtchville Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Summary: The Burtchville Township real estate market had 8 homes for sale in November 2024, a 38.5% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Burtchville 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 decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 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 Burtchville Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Burtchville Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Burtchville Township, MI
How long does it take to sell a home in Burtchville Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 59 Days | +276.7% |
Summary: Homes in Burtchville Township had an average of 59 days on market in Nov 2024, up by 276.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Burtchville Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Burtchville Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.