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 seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Huron Charter Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Huron Charter Township, MI

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

Median Sold Price

$339,950

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,950(+3.0%)

Key Takeaway

Homes in Huron Charter Township have sold for 3% more than they did a year ago.

Summary: The median home sold price in Huron Charter Township was $339,950 in October 2024, up 3% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $97.5K-
N/A
2 $211K$231K
+9.5%
3 $310K$327.5K
+5.6%
4 $381.8K$396.5K
+3.9%
5+ $495K$480K
-3.0%

Summary: Huron Charter 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 increased by 9.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Cities

Ash Township
+20.4%
Romulus
+15.8%
Brownstown Charter Township
+8.3%
Huron Charter Township
+3.0%
Flat Rock
-6.7%

Housing Supply in Huron Charter Township, MI

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4345+4.7%

Summary: The Huron Charter Township real estate market had 45 homes for sale in October 2024, a 4.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2624
-7.7%
4 1416
+14.3%
5+ 00
0.0%

Summary: The Huron Charter 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 increased by 66.7%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 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 may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Huron Charter Township in October 2024, up by 30.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 38% were sold at asking, and 23% 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

Oct 2023Oct 2024CHANGE
58 Days20 Days-64.7%

Summary: Homes in Huron Charter Township had an average of 20 days on market in Oct 2024, down by 64.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were 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 October 2024, 13 homes were sold in Huron Charter Township; 85% of homes were sold within 30 days, 15% 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 16 Days Ago

Newest Listings in Huron Charter Township, MI

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What housing markets are near Huron Charter Township, MI?