Is Howard Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Howard Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Howard Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Howard Township, MI

How much do homes in Howard Township, MI cost?

Median Sold Price

$212,500

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$7,000(-3.2%)

Key Takeaway

Homes in Howard Township have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in Howard Township was $212,500 in November 2024, down 3.2% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $50K$125K
+150.0%
2 $92.5K$146.2K
+58.1%
3 $219.5K$199K
-9.3%
4 $294K$282.5K
-3.9%
5+ $279.5K$715K
+155.8%

Summary: Howard Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 58.1%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 155.8%.

Median Sold Price Compared To Nearby Cities

Pokagon Township
+10.0%
Niles
+4.6%
Howard Township
-3.2%

Housing Supply in Howard Township, MI

How many homes are available in Howard Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2824-14.3%

Summary: The Howard Township real estate market had 24 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1814
-22.2%
4 45
+25.0%
5+ 11
0.0%

Summary: The Howard Township 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 20%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Howard Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Howard Township in November 2024, down by 45.5% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Howard Township, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
53 Days32 Days-38.4%

Summary: Homes in Howard Township had an average of 32 days on market in Nov 2024, down by 38.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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

Many homes in Howard Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Howard Township; 50% of homes were sold within 30 days, 50% 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 Howard Township, MI

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