$1,888 Closing Credit*
$159,000
1,568 SqFt
3 Beds
•2 Full Baths
John R Ogle, Listing Office: Greenridge Realty (Wayland)
Is Cooper Charter 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, Cooper Charter Township has remained a Seller's Market.
Key Takeaway
Cooper Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cooper Charter Township, MI
How much do homes in Cooper Charter Township, MI cost?
Median Sold Price
$265,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$38,000(+16.7%)
Key Takeaway
Homes in Cooper Charter Township have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Cooper Charter Township was $265,000 in October 2024, up 16.7% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147.5K | $100K | -32.2% |
| 2 Bedrooms | $158K | $175K | +10.8% |
| 3 Bedrooms | $239.9K | $245K | +2.1% |
| 4 Bedrooms | $225K | $315K | +40.0% |
| 5+ Bedrooms | $399.9K | $330K | -17.5% |
Summary: Cooper Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.2%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 17.5%.
Median Sold Price Compared To Nearby Cities
| Cooper Charter Township | $227K | $265K | +16.7% |
| Kalamazoo Charter Township | $219.7K | $227.3K | +3.5% |
| Richland Township | $350K | $357.5K | +2.1% |
| Gun Plain Township | $325K | $286.2K | -11.9% |
Housing Supply in Cooper Charter Township, MI
How many homes are available in Cooper Charter Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The Cooper Charter Township real estate market had 27 homes for sale in October 2024, a 17.4% 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 | 6 | +20.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Cooper Charter 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 20%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cooper Charter Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Cooper Charter Township in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Cooper Charter Township, MI
How long does it take to sell a home in Cooper Charter Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 50 Days | +683.1% |
Summary: Homes in Cooper Charter Township had an average of 50 days on market in Oct 2024, up by 683.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cooper Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Cooper Charter Township; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
