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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Golden Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Golden Township, MI

How much do homes in Golden Township, MI cost?

Median Sold Price

$362,500

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,500(-0.7%)

Key Takeaway

Homes in Golden Township have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Golden Township was $362,500 in October 2024, down 0.7% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$350K
N/A
2 $245.7K$284.9K
+16.0%
3 $367K$375K
+2.2%
4 $520K$379.5K
-27.0%
5+ $435K$950K
+118.4%

Summary: Golden 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 increased by 16%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 27%, and 5+ bedroom homes increased by 118.4%.

Median Sold Price Compared To Nearby Cities

Hart Township
+23.3%
Pentwater Township
+7.1%
Golden Township
-0.7%
Mears
-4.6%

Housing Supply in Golden Township, MI

How many homes are available in Golden Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2321-8.7%

Summary: The Golden Township real estate market had 21 homes for sale in October 2024, a 8.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 810
+25.0%
3 109
-10.0%
4 42
-50.0%
5+ 00
0.0%

Summary: The Golden Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Golden Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Golden Township in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Golden Township, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days35 Days-28.9%

Summary: Homes in Golden Township had an average of 35 days on market in Oct 2024, down by 28.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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

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

Summary: During October 2024, 5 homes were sold in Golden Township; 60% of homes were sold within 30 days, 40% 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 Golden Township, MI

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