$125,000
5.58 Acres
Land
Larissa J Bereza, Rachel Major, Listing Office: Keller Williams Realty Rivertown
Is Heath Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Heath Township was a Buyer'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
$355,000
$151/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$5,100(+1.5%)
Key Takeaway
Homes in Heath Township have sold for 1.5% more than they did a month ago.
Summary: The median home sold price in Heath Township was $355,000 in November 2024, up 1.5% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $503.7K | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $349.9K | $222.5K | -36.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Heath Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hamilton | $226K | $415K | +83.6% |
| Heath Township | $349.9K | $355K | +1.5% |
Housing Supply in Heath Township, MI
How many homes are available in Heath Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Heath Township real estate market had 11 homes for sale in November 2024, a 22.2% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Heath 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Heath Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Heath Township in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 2 Days | -61.9% |
Summary: Homes in Heath Township had an average of 2 days on market in Nov 2024, down by 61.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Heath Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Heath Township; 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.
