$1,188 Closing Credit*
$100,000
960 SqFt
2 Beds
•1 Full Bath
Megan Coleman, Listing Office: RE/MAX of Higgins Lake
Is Higgins 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, Higgins Township has remained a Seller's Market.
Key Takeaway
Higgins Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Higgins Township, MI
How much do homes in Higgins Township, MI cost?
Median Sold Price
$154,500
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$18,500(-10.7%)
Key Takeaway
Homes in Higgins Township have sold for 10.7% less than they did a year ago.
Summary: The median home sold price in Higgins Township was $154,500 in September 2024, down 10.7% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $20K | $142K | +610.0% |
| 2 Bedrooms | $133.6K | $115K | -14.0% |
| 3 Bedrooms | $245K | $171.5K | -30.0% |
| 4 Bedrooms | $166K | $233.5K | +40.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Higgins Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 610%, 2 bedroom homes decreased by 14%, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 40.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Saint Helen | $110K | $130K | +18.2% |
| Gerrish Township | $223.9K | $245K | +9.4% |
| Roscommon | $185K | $180.7K | -2.3% |
| Higgins Township | $173K | $154.5K | -10.7% |
Housing Supply in Higgins Township, MI
How many homes are available in Higgins Township, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Higgins Township real estate market had 16 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 | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Higgins Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 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 Higgins Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Higgins Township in September 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Higgins Township, MI
How long does it take to sell a home in Higgins Township, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 8 Days | 23 Days | +187.5% |
Summary: Homes in Higgins Township had an average of 23 days on market in Sep 2024, up by 187.5% compared to last year.
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
Key Takeaway
Many homes in Higgins Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Higgins Township; 25% 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.
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