$414 Closing Credit*
$34,900
980 SqFt
2 Beds
•1 Full Bath
TOM ARTHUR, Listing Office: WELCOME HOME REALTY
Is Moffatt Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Moffatt Township has remained a Seller's Market.
Key Takeaway
Moffatt Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moffatt Township, MI
How much do homes in Moffatt Township, MI cost?
Median Sold Price
$167,500
$119/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$29,500(+21.4%)
Key Takeaway
Homes in Moffatt Township have sold for 21.4% more than they did a month ago.
Summary: The median home sold price in Moffatt Township was $167,500 in October 2024, up 21.4% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $119K | N/A |
| 2 Bedrooms | - | $139.7K | N/A |
| 3 Bedrooms | $158K | $212.5K | +34.5% |
| 4 Bedrooms | $118K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Moffatt Township housing prices by bedroom type for October 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 increased by 34.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Moffatt Township | $138K | $167.5K | +21.4% |
| Clayton Township | $595K | $160K | -73.1% |
Housing Supply in Moffatt Township, MI
How many homes are available in Moffatt Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Moffatt Township real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Moffatt 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Moffatt Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Moffatt Township in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Moffatt Township, MI
How long does it take to sell a home in Moffatt Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 117 Days | 53 Days | -54.3% |
Summary: Homes in Moffatt Township had an average of 53 days on market in Oct 2024, down by 54.3% compared to last month.
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 Moffatt Township has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Moffatt Township; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.