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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hadley Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hadley Township was a Seller's Market.

Key Takeaway

Hadley Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hadley Township, MI

How much do homes in Hadley Township, MI cost?

Median Sold Price

$367,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,000(+5.5%)

Key Takeaway

Homes in Hadley Township have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Hadley Township was $367,000 in October 2024, up 5.5% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $250K$253K
+1.2%
3 $320K$395K
+23.4%
4 $466.7K$406.4K
-12.9%
5+ $401K$1.5M
+283.4%

Summary: Hadley 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 1.2%, 3 bedroom homes increased by 23.4%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes increased by 283.4%.

Median Sold Price Compared To Nearby Cities

Elba Township
+49.5%
Brandon Charter Township
+7.5%
Metamora Township
+5.9%
Hadley Township
+5.5%

Housing Supply in Hadley Township, MI

How many homes are available in Hadley Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1720+17.6%

Summary: The Hadley Township real estate market had 20 homes for sale in October 2024, a 17.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1012
+20.0%
4 67
+16.7%
5+ 11
0.0%

Summary: The Hadley 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hadley Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Hadley Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Hadley Township, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days50 Days+250.9%

Summary: Homes in Hadley Township had an average of 50 days on market in Oct 2024, up by 250.9% 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 Hadley Township has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Hadley Township; 33% of homes were sold within 30 days, 67% 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 20 Days Ago

Newest Listings in Hadley Township, MI

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What housing markets are near Hadley Township, MI?