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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hagar Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Hagar Township was a Neutral Market.

Key Takeaway

Hagar Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hagar Township, MI

How much do homes in Hagar Township, MI cost?

Median Sold Price

$259,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+8.4%)

Key Takeaway

Homes in Hagar Township have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Hagar Township was $259,000 in November 2024, up 8.4% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$211K
N/A
2 $203K$173.5K
-14.5%
3 $270K$200K
-25.9%
4 $305K$336.4K
+10.3%
5+ $625K$448K
-28.3%

Summary: Hagar Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.5%, 3 bedroom homes decreased by 25.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 28.3%.

Median Sold Price Compared To Nearby Cities

Benton Charter Township
+14.2%
Hagar Township
+8.4%
Coloma Charter Township
-3.0%

Housing Supply in Hagar Township, MI

How many homes are available in Hagar Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
25250.0%

Summary: The Hagar Township real estate market had 25 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 99
0.0%
4 87
-12.5%
5+ 45
+25.0%

Summary: The Hagar Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hagar Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Hagar Township in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
387 Days5 Days-98.7%

Summary: Homes in Hagar Township had an average of 5 days on market in Nov 2024, down by 98.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Hagar Township; 100% of homes were sold within 30 days, 0% 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 Hagar Township, MI

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What housing markets are near Hagar Township, MI?