$2,789 Closing Credit*
$234,900
1,523 SqFt
3 Beds
•2 Full Baths
Nathan Bonney, Listing Office: Michigan Top Producers
Is Hagar 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, Hagar Township has remained a Seller's Market.
Key Takeaway
Hagar Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hagar Township, MI
How much do homes in Hagar Township, MI cost?
Median Sold Price
$259,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,000(+8.8%)
Key Takeaway
Homes in Hagar Township have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Hagar Township was $259,000 in October 2024, up 8.8% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $211K | N/A |
| 2 Bedrooms | $186.5K | $173.5K | -7.0% |
| 3 Bedrooms | $270K | $199.5K | -26.1% |
| 4 Bedrooms | $300K | $336.4K | +12.2% |
| 5+ Bedrooms | $625K | $448K | -28.3% |
Summary: Hagar 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 decreased by 7%, 3 bedroom homes decreased by 26.1%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 28.3%.
Median Sold Price Compared To Nearby Cities
| Benton Charter Township | $139.8K | $156.8K | +12.1% |
| Hagar Township | $238K | $259K | +8.8% |
| Coloma Charter Township | $249.9K | $242.5K | -3.0% |
Housing Supply in Hagar Township, MI
How many homes are available in Hagar Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 24 | +20.0% |
Summary: The Hagar Township real estate market had 24 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Hagar 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 33.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hagar 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 Hagar Township in October 2024, up by 150.0% month-over-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 Hagar Township, MI
How long does it take to sell a home in Hagar Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 25 Days | -49.2% |
Summary: Homes in Hagar Township had an average of 25 days on market in Oct 2024, down by 49.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hagar Township has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Hagar Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
