$3,147 Closing Credit*
$265,000
1,200 SqFt
3 Beds
•2 Full Baths
Desiree Thomas, Listing Office: Century 21 Affiliated
Is Hillsdale Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Hillsdale Township has remained a Seller's Market.
Key Takeaway
Hillsdale Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hillsdale Township, MI
How much do homes in Hillsdale Township, MI cost?
Median Sold Price
$188,900
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,400(+17.7%)
Key Takeaway
Homes in Hillsdale Township have sold for 17.7% more than they did a year ago.
Summary: The median home sold price in Hillsdale Township was $188,900 in October 2024, up 17.7% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101.2K | $176.4K | +74.3% |
| 2 Bedrooms | $125K | $125K | 0.0% |
| 3 Bedrooms | $160.5K | $190K | +18.4% |
| 4 Bedrooms | $190K | $197.4K | +3.9% |
| 5+ Bedrooms | $176K | $282.2K | +60.4% |
Summary: Hillsdale Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 60.4%.
Median Sold Price Compared To Nearby Cities
| Hillsdale Township | $160.5K | $188.9K | +17.7% |
| Hillsdale | $160.5K | $188.9K | +17.7% |
| Osseo | $200K | $199K | -0.5% |
| Fayette Township | $179K | $157K | -12.3% |
Housing Supply in Hillsdale Township, MI
How many homes are available in Hillsdale Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 61 | +3.4% |
Summary: The Hillsdale Township real estate market had 61 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 34 | 36 | +5.9% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Hillsdale 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 increased by 5.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hillsdale 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 12 homes were sold or pending in Hillsdale Township in October 2024, up by 50.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.
Days on Market for Hillsdale Township, MI
How long does it take to sell a home in Hillsdale Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 91 Days | +245.3% |
Summary: Homes in Hillsdale Township had an average of 91 days on market in Oct 2024, up by 245.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hillsdale Township has remained consistent over time.
Summary: During October 2024, 12 homes were sold in Hillsdale Township; 8% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
