$30,000
Land
Connie L Madej, Listing Office: The TEAM Real Estate Group
Is Charlton 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, Charlton Township has remained a Seller's Market.
Key Takeaway
Charlton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Charlton Township, MI
How much do homes in Charlton Township, MI cost?
Median Sold Price
$212,500
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$55,700(-20.8%)
Key Takeaway
Homes in Charlton Township have sold for 20.8% less than they did a year ago.
Summary: The median home sold price in Charlton Township was $212,500 in October 2024, down 20.8% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $228.9K | $98.5K | -57.0% |
| 2 Bedrooms | $176K | $215K | +22.2% |
| 3 Bedrooms | $350K | $230K | -34.3% |
| 4 Bedrooms | $365K | $236.2K | -35.3% |
| 5+ Bedrooms | $150K | - | N/A |
Summary: Charlton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 34.3%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Johannesburg | $203.7K | $210K | +3.1% |
| Albert Township | $209K | $210K | 0.5% |
| Charlton Township | $268.2K | $212.5K | -20.8% |
Housing Supply in Charlton Township, MI
How many homes are available in Charlton Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Charlton Township real estate market had 14 homes for sale in October 2024, a 17.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Charlton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlton Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Charlton Township in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Charlton Township, MI
How long does it take to sell a home in Charlton Township, MI?
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
Key Takeaway
Avg time on Rocket Homes in Charlton Township has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Charlton Township; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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