$5,105 Closing Credit*
$429,890
1,524 SqFt
2 Beds
•2 Full Baths
Gail DeVries, Listing Office: Keller Williams Lakeshore
Is Heath Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Heath Township has remained a Seller's Market.
Key Takeaway
Heath Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Heath Township, MI
How much do homes in Heath Township, MI cost?
Median Sold Price
$359,692
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$9,692(+2.8%)
Key Takeaway
Homes in Heath Township have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Heath Township was $359,692 in September 2024, up 2.8% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $332K | $329.6K | -0.7% |
| 3 Bedrooms | $271.7K | $355K | +30.7% |
| 4 Bedrooms | $376.9K | $290K | -23.1% |
| 5+ Bedrooms | - | $642.5K | N/A |
Summary: Heath Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 30.7%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hamilton | $326K | $355K | +8.9% |
| Heath Township | $350K | $359.6K | +2.8% |
| Salem Township | $348.5K | $342.5K | -1.7% |
| Monterey Township | $293K | $270K | -7.8% |
Housing Supply in Heath Township, MI
How many homes are available in Heath Township, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Heath Township real estate market had 8 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Heath Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Heath Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Heath Township in September 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Heath Township, MI
How long does it take to sell a home in Heath Township, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 6 Days | 41 Days | +594.4% |
Summary: Homes in Heath Township had an average of 41 days on market in Sep 2024, up by 594.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Heath Township has remained consistent over time.
Summary: During September 2024, 3 homes were sold in Heath Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
