$3,918 Closing Credit*
$329,900
1,404 SqFt
4 Beds
•3 Full Baths
Kyle Westrate, Listing Office: Place Real Estate
Is Hopkins 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, Hopkins Township has remained a Seller's Market.
Key Takeaway
Hopkins Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hopkins Township, MI
How much do homes in Hopkins Township, MI cost?
Median Sold Price
$337,375
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$76,575(+29.4%)
Key Takeaway
Homes in Hopkins Township have sold for 29.4% more than they did a year ago.
Summary: The median home sold price in Hopkins Township was $337,375 in October 2024, up 29.4% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $296.4K | $203.5K | -31.4% |
| 3 Bedrooms | $245K | $334.2K | +36.4% |
| 4 Bedrooms | $395.1K | $375K | -5.1% |
| 5+ Bedrooms | $332.5K | $410K | +23.3% |
Summary: Hopkins Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.4%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 23.3%.
Median Sold Price Compared To Nearby Cities
| Hopkins | $258K | $337.3K | +30.8% |
| Hopkins Township | $260.8K | $337.3K | +29.4% |
| Wayland Township | $299.9K | $324.9K | +8.3% |
| Dorr Township | $322K | $345.7K | +7.4% |
Housing Supply in Hopkins Township, MI
How many homes are available in Hopkins Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Hopkins Township real estate market had 9 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Hopkins 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 decreased by 60%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hopkins Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Hopkins Township in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Hopkins Township, MI
How long does it take to sell a home in Hopkins Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 15 Days | +650.0% |
Summary: Homes in Hopkins Township had an average of 15 days on market in Oct 2024, up by 650% compared to last year.
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 Hopkins Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Hopkins 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.
