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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chassell Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Chassell Township has remained a Seller's Market.

Key Takeaway

Chassell Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chassell Township, MI

How much do homes in Chassell Township, MI cost?

Median Sold Price

$195,300

$105/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$217,200(-52.7%)

Key Takeaway

Homes in Chassell Township have sold for 52.7% less than they did a month ago.

Summary: The median home sold price in Chassell Township was $195,300 in November 2024, down 52.7% from last month, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $525K-
N/A
3 $300K$329.9K
+10.0%
4 -$195.3K
N/A
5+ --
N/A

Summary: Chassell 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 10%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Chassell Township
-52.7%
Chassell
-52.7%

Housing Supply in Chassell Township, MI

How many homes are available in Chassell Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Chassell Township real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 22
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Chassell 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chassell Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Chassell Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Chassell Township, MI

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

Average Sale Time

Oct 2024Nov 2024CHANGE
47 Days133 Days+183.0%

Summary: Homes in Chassell Township had an average of 133 days on market in Nov 2024, up by 183% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chassell Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Chassell Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

Newest Listings in Chassell Township, MI

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