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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haring Charter Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Haring Charter Township has remained a Seller's Market.

Key Takeaway

Haring Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Haring Charter Township, MI

How much do homes in Haring Charter Township, MI cost?

Median Sold Price

$231,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,850(+6.9%)

Key Takeaway

Homes in Haring Charter Township have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Haring Charter Township was $231,000 in October 2024, up 6.9% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K$218K
+74.4%
2 $175K$210K
+20.0%
3 $203K$230.5K
+13.5%
4 $325K$294.9K
-9.2%
5+ $370K$261K
-29.5%

Summary: Haring Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74.4%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 29.5%.

Median Sold Price Compared To Nearby Cities

Cadillac
+20.2%
Haring Charter Township
+6.9%
Lake Township
-1.0%

Housing Supply in Haring Charter Township, MI

How many homes are available in Haring Charter Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
21210.0%

Summary: The Haring Charter Township real estate market had 21 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 99
0.0%
4 54
-20.0%
5+ 45
+25.0%

Summary: The Haring Charter 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 remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

5 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 Haring Charter Township, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Haring Charter Township in October 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Haring Charter Township, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days52 Days+4.6%

Summary: Homes in Haring Charter Township had an average of 52 days on market in Oct 2024, up by 4.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 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 Haring Charter Township has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Haring Charter Township; 17% of homes were sold within 30 days, 83% 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 Haring Charter Township, MI

Nearby Markets to Haring Charter Township, MI

What housing markets are near Haring Charter Township, MI?