Is Horton, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Horton is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Horton has remained a Seller's Market.

Key Takeaway

Horton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Horton, MI

How much do homes in Horton, MI cost?

Median Sold Price

$335,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$15,000(-4.3%)

Key Takeaway

Homes in Horton have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Horton was $335,000 in November 2024, down 4.3% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $410K$158K
-61.5%
3 $222K$380K
+71.2%
4 $350K$293K
-16.3%
5+ $527K$392.5K
-25.5%

Summary: Horton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 61.5%, 3 bedroom homes increased by 71.2%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes decreased by 25.5%.

Median Sold Price Compared To Nearby Cities

Hanover Township
+10.6%
Horton
-4.3%
Liberty Township
-9.4%

Housing Supply in Horton, MI

How many homes are available in Horton, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2119-9.5%

Summary: The Horton real estate market had 19 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 41
-75.0%
3 99
0.0%
4 55
0.0%
5+ 23
+50.0%

Summary: The Horton 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 decreased by 75%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Horton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Horton in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Horton, MI

How long does it take to sell a home in Horton, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days54 Days+20.0%

Summary: Homes in Horton had an average of 54 days on market in Nov 2024, up by 20% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Horton has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Horton; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Horton, MI

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