$2,951 Closing Credit*
$248,500
1,200 SqFt
3 Beds
•1 Full Bath
Joseph McNally, Listing Office: RE/MAX TOGETHER
Is Chase Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Chase Township was a Seller's Market.
Key Takeaway
Chase Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chase Township, MI
How much do homes in Chase Township, MI cost?
Median Sold Price
$200,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$14,000(-6.5%)
Key Takeaway
Homes in Chase Township have sold for 6.5% less than they did a year ago.
Summary: The median home sold price in Chase Township was $200,000 in October 2024, down 6.5% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56K | - | N/A |
| 2 Bedrooms | $234.5K | $200K | -14.7% |
| 3 Bedrooms | $190.5K | $200K | +5.0% |
| 4 Bedrooms | $220K | $165K | -25.0% |
| 5+ Bedrooms | $262.4K | $208.9K | -20.4% |
Summary: Chase 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 14.7%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 20.4%.
Median Sold Price Compared To Nearby Cities
| Chase | $211.7K | $199.9K | -5.6% |
| Chase Township | $214K | $200K | -6.5% |
Housing Supply in Chase Township, MI
How many homes are available in Chase Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The Chase Township real estate market had 15 homes for sale in October 2024, a 25.0% increase 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 | 7 | +40.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chase 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 increased by 40%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chase Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Chase Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Chase Township, MI
How long does it take to sell a home in Chase Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 106 Days | +287.3% |
Summary: Homes in Chase Township had an average of 106 days on market in Oct 2024, up by 287.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chase Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Chase Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
