Is Heartside, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Heartside is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Heartside was a Seller's Market.

Key Takeaway

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

Housing Prices in Heartside, MI

How much do homes in Heartside, MI cost?

Median Sold Price

$485,000

$379/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$20,000(-4.0%)

Key Takeaway

Homes in Heartside have sold for 4% less than they did a month ago.

Summary: The median home sold price in Heartside was $485,000 in October 2024, down 4% from last month, and the median price per square foot was $379.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $345K-
N/A
2 $505K$485K
-4.0%
3 $1.2M-
N/A
4 --
N/A
5+ --
N/A

Summary: Heartside housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Heartside
-4.0%
Heritage Hill
-51.7%

Housing Supply in Heartside, MI

How many homes are available in Heartside, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
17170.0%

Summary: The Heartside real estate market had 17 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 89
+12.5%
3 43
-25.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Heartside 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 increased by 12.5%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

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 Heartside, 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 Heartside in October 2024, down by 66.7% 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 Heartside, MI

How long does it take to sell a home in Heartside, MI?

Average Sale Time

Sep 2024Oct 2024CHANGE
43 Days17 Days-61.1%

Summary: Homes in Heartside had an average of 17 days on market in Oct 2024, down by 61.1% compared to last month.

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 Heartside are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Heartside; 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 22 Days Ago

Newest Listings in Heartside, MI

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