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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huron Charter Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Huron Charter Township was a Seller's Market.

Key Takeaway

Huron Charter Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Huron Charter Township, MI

How much do homes in Huron Charter Township, MI cost?

Median Sold Price

$339,900

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,900(+5.6%)

Key Takeaway

Homes in Huron Charter Township have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Huron Charter Township was $339,900 in November 2024, up 5.6% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $97.5K-
N/A
2 $211K$232K
+10.0%
3 $311.2K$320K
+2.8%
4 $386.8K$393.2K
+1.7%
5+ $495K$480K
-3.0%

Summary: Huron Charter Township 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 increased by 10%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Cities

Ash Township
+18.4%
Romulus
+11.5%
Huron Charter Township
+5.6%
Brownstown Charter Township
+5.3%
Flat Rock
-0.8%

Housing Supply in Huron Charter Township, MI

How many homes are available in Huron Charter Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4340-7.0%

Summary: The Huron Charter Township real estate market had 40 homes for sale in November 2024, a 7.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2523
-8.0%
4 1412
-14.3%
5+ 01
+100.0%

Summary: The Huron Charter 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 remained the same, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
134-69.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huron Charter 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 Huron Charter Township in November 2024, down by 69.2% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Huron Charter Township, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
4 Days13 Days+225.0%

Summary: Homes in Huron Charter Township had an average of 13 days on market in Nov 2024, up by 225% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Huron Charter Township; 75% of homes were sold within 30 days, 25% 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 Huron Charter Township, MI

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What housing markets are near Huron Charter Township, MI?