$3,384 Closing Credit*
$285,000
2,323 SqFt
5 Beds
•2 Full Baths
Brock Fletcher, Listing Office: KELLER WILLIAMS LANSING
Is Horton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Horton Township was a Seller's Market.
Key Takeaway
Horton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Horton Township, MI
How much do homes in Horton Township, MI cost?
Median Sold Price
$266,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,500(+19.0%)
Key Takeaway
Homes in Horton Township have sold for 19% more than they did a year ago.
Summary: The median home sold price in Horton Township was $266,000 in October 2024, up 19% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $153.5K | $149.5K | -2.6% |
| 3 Bedrooms | $222K | $266K | +19.8% |
| 4 Bedrooms | $213K | $355.5K | +66.9% |
| 5+ Bedrooms | $600K | $392.5K | -34.6% |
Summary: Horton 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 2.6%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 66.9%, and 5+ bedroom homes decreased by 34.6%.
Median Sold Price Compared To Nearby Cities
| Horton Township | $223.5K | $266K | +19.0% |
| Alger | $110K | $122.7K | +11.5% |
| West Branch Township | $180K | $195K | +8.3% |
| Mills Township | $110K | $101.8K | -7.4% |
Housing Supply in Horton Township, MI
How many homes are available in Horton Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 30 | +36.4% |
Summary: The Horton Township real estate market had 30 homes for sale in October 2024, a 36.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Horton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Horton Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Horton Township in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Horton Township, MI
How long does it take to sell a home in Horton Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 76 Days | +29.9% |
Summary: Homes in Horton Township had an average of 76 days on market in Oct 2024, up by 29.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Horton Township has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Horton Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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