$4,738 Closing Credit*
$399,000
1,194 SqFt
3 Beds
•2 Full Baths, 1 Partial
James M Chertos, Listing Office: Bellabay Realty (North)
Is Moorland Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Moorland Township was a Seller's Market.
Key Takeaway
Moorland Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Moorland Township, MI
How much do homes in Moorland Township, MI cost?
Median Sold Price
$419,900
$150/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$159,400(+61.2%)
Key Takeaway
Homes in Moorland Township have sold for 61.2% more than they did a month ago.
Summary: The median home sold price in Moorland Township was $419,900 in October 2024, up 61.2% from last month, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $231K | - | N/A |
| 3 Bedrooms | $290K | $419.9K | +44.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Moorland 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 44.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Moorland Township | $260.5K | $419.9K | +61.2% |
| Ashland Township | $227.4K | $247.4K | +8.8% |
Housing Supply in Moorland Township, MI
How many homes are available in Moorland Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The Moorland Township real estate market had 8 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Moorland 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 decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 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 Moorland Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Moorland Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Moorland Township, MI
How long does it take to sell a home in Moorland Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 68 Days | +806.7% |
Summary: Homes in Moorland Township had an average of 68 days on market in Oct 2024, up by 806.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Moorland Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Moorland Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
