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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Filer Charter Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Filer Charter Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Filer Charter Township, MI

How much do homes in Filer Charter Township, MI cost?

Median Sold Price

$225,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$49,000(-17.9%)

Key Takeaway

Homes in Filer Charter Township have sold for 17.9% less than they did a year ago.

Summary: The median home sold price in Filer Charter Township was $225,000 in September 2024, down 17.9% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $172.5K$175K
+1.4%
3 $250K$225K
-10.0%
4 $435K$385K
-11.5%
5+ $520K-
N/A

Summary: Filer Charter Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Manistee
-0.2%
Filer Charter Township
-17.9%

Housing Supply in Filer Charter Township, MI

How many homes are available in Filer Charter Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1917-10.5%

Summary: The Filer Charter Township real estate market had 17 homes for sale in September 2024, a 10.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1110
-9.1%
4 32
-33.3%
5+ 11
0.0%

Summary: The Filer Charter Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were 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 Filer Charter Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Filer Charter Township in September 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Filer Charter Township, MI

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

Average Sale Time

Sep 2023Sep 2024CHANGE
88 Days42 Days-52.3%

Summary: Homes in Filer Charter Township had an average of 42 days on market in Sep 2024, down by 52.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Filer Charter Township has remained consistent over time.

Summary: During September 2024, 4 homes were sold in Filer Charter Township; 25% 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 30 Days Ago

Newest Listings in Filer Charter Township, MI

Nearby Markets to Filer Charter Township, MI

What housing markets are near Filer Charter Township, MI?