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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kochville Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Kochville Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Kochville Township, MI

How much do homes in Kochville Township, MI cost?

Median Sold Price

$208,750

$121/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$8,529(+4.3%)

Key Takeaway

Homes in Kochville Township have sold for 4.3% more than they did a month ago.

Summary: The median home sold price in Kochville Township was $208,750 in April 2024, up 4.3% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$228.5K
N/A
3 $200.2K$189K
-5.6%
4 --
N/A
5+ --
N/A

Summary: Kochville Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Frankenlust Township
+26.0%
Kochville Township
+4.3%

Housing Supply in Kochville Township, MI

How many homes are available in Kochville Township, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The Kochville Township real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Kochville Township housing inventory by bedroom type for April 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 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kochville Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Kochville Township in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Kochville Township, MI

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

Average Sale Time

Mar 2024Apr 2024CHANGE
6 Days5 Days-16.7%

Summary: Homes in Kochville Township had an average of 5 days on market in Apr 2024, down by 16.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Kochville Township; 100% of homes were sold within 30 days, 0% 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 28 Days Ago

Newest Listings in Kochville Township, MI

Nearby Markets to Kochville Township, MI

What housing markets are near Kochville Township, MI?