$7,006 Closing Credit*
$590,000
768 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 October 2023
Since last year, Hamlin Township has remained a Seller's Market.
Key Takeaway
Hamlin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hamlin Township, MI
How much do homes in Hamlin Township, MI cost?
Median Sold Price
$365,450
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,450(+4.4%)
Key Takeaway
Homes in Hamlin Township have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Hamlin Township was $365,450 in October 2024, up 4.4% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $168K | N/A |
| 2 Bedrooms | $170K | $324.7K | +91.0% |
| 3 Bedrooms | $298K | $300K | +0.7% |
| 4 Bedrooms | $435K | $515K | +18.4% |
| 5+ Bedrooms | $907.5K | $725K | -20.1% |
Summary: Hamlin 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 91%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 20.1%.
Median Sold Price Compared To Nearby Cities
| Grant Township | $227K | $277.5K | +22.2% |
| Pere Marquette Charter Township | $287.9K | $349K | +21.2% |
| Hamlin Township | $350K | $365.4K | +4.4% |
Housing Supply in Hamlin Township, MI
How many homes are available in Hamlin Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The Hamlin Township real estate market had 15 homes for sale in October 2024, a 11.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hamlin 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 decreased by 25%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
5 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 5 homes were sold or pending in Hamlin Township in October 2024, up by 150.0% month-over-month. Of the 5 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 55 Days | +33.0% |
Summary: Homes in Hamlin Township had an average of 55 days on market in Oct 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hamlin Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Hamlin Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
