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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Columbus Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Columbus Township, MI

How much do homes in Columbus Township, MI cost?

Median Sold Price

$394,000

$232/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$124,000(+45.9%)

Key Takeaway

Homes in Columbus Township have sold for 45.9% more than they did a month ago.

Summary: The median home sold price in Columbus Township was $394,000 in October 2024, up 45.9% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $270K-
N/A
3 -$394K
N/A
4 --
N/A
5+ --
N/A

Summary: Columbus Township housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Columbus Township, MI

How many homes are available in Columbus Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108-20.0%

Summary: The Columbus Township real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 54
-20.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Columbus 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 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Columbus Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Columbus Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Columbus Township, MI

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

Average Sale Time

Sep 2024Oct 2024CHANGE
10 Days19 Days+95.0%

Summary: Homes in Columbus Township had an average of 19 days on market in Oct 2024, up by 95% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During October 2024, 2 homes were sold in Columbus Township; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Columbus Township, MI

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