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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moran Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Moran Township, MI

How much do homes in Moran Township, MI cost?

Median Sold Price

$252,000

$99/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$165,500(+191.3%)

Key Takeaway

Homes in Moran Township have sold for 191.3% more than they did a month ago.

Summary: The median home sold price in Moran Township was $252,000 in October 2024, up 191.3% from last month, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $38K$175K
+360.5%
3 -$329K
N/A
4 --
N/A
5+ $135K-
N/A

Summary: Moran 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 increased by 360.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brevort Township
+280.3%
Moran Township
+191.3%
Moran
+191.3%

Housing Supply in Moran Township, MI

How many homes are available in Moran Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The Moran Township real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 33
0.0%
4 00
0.0%
5+ 32
-33.3%

Summary: The Moran 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

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 Moran 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 Moran Township in October 2024, the same as the previous 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 Moran Township, MI

We’re sorry, we don't have information for this market at the moment

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 Moran Township, MI

Nearby Markets to Moran Township, MI