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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cambria Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Cambria Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Cambria Township, MI

How much do homes in Cambria Township, MI cost?

Median Sold Price

$230,000

$92/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$40,000(+21.1%)

Key Takeaway

Homes in Cambria Township have sold for 21.1% more than they did a month ago.

Summary: The median home sold price in Cambria Township was $230,000 in November 2024, up 21.1% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $190K$230K
+21.1%
4 --
N/A
5+ --
N/A

Summary: Cambria 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 increased by 21.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cambria Township, MI

How many homes are available in Cambria Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2021+5.0%

Summary: The Cambria Township real estate market had 21 homes for sale in November 2024, a 5.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1110
-9.1%
4 22
0.0%
5+ 12
+100.0%

Summary: The Cambria 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 increased by 20%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cambria Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Days on Market for Cambria Township, MI

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

Average Sale Time

Oct 2024Nov 2024CHANGE
157 Days83 Days-47.2%

Summary: Homes in Cambria Township had an average of 83 days on market in Nov 2024, down by 47.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cambria Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Cambria Township; 0% of homes were sold within 30 days, 100% 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 20 Days Ago

Newest Listings in Cambria Township, MI

Nearby Markets to Cambria Township, MI

What housing markets are near Cambria Township, MI?