$7,006 Closing Credit*
$590,000
1,536 SqFt
4 Beds
•2 Full Baths
Debby Stevenson, Listing Office: Greenridge Realty S Rath
Is Hamlin Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hamlin Township was a Buyer's Market.
Key Takeaway
Hamlin 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 Hamlin Township, MI
How much do homes in Hamlin Township, MI cost?
Median Sold Price
$374,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,500(+9.2%)
Key Takeaway
Homes in Hamlin Township have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Hamlin Township was $374,000 in November 2024, up 9.2% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $168K | N/A |
| 2 Bedrooms | $174.7K | $349.3K | +99.9% |
| 3 Bedrooms | $298K | $300K | +0.7% |
| 4 Bedrooms | $440K | $515K | +17.0% |
| 5+ Bedrooms | $865K | $725K | -16.2% |
Summary: Hamlin 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 increased by 99.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 17%, and 5+ bedroom homes decreased by 16.2%.
Median Sold Price Compared To Nearby Cities
| Grant Township | $231.7K | $297.5K | +28.4% |
| Hamlin Township | $342.5K | $374K | +9.2% |
Housing Supply in Hamlin Township, MI
How many homes are available in Hamlin Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Summary: The Hamlin Township real estate market had 12 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Hamlin 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 decreased by 25%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hamlin Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Hamlin Township in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hamlin Township, MI
How long does it take to sell a home in Hamlin Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 79 Days | +44.5% |
Summary: Homes in Hamlin Township had an average of 79 days on market in Nov 2024, up by 44.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hamlin Township has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Hamlin Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
