$6,472 Closing Credit*
$545,000
2,142 SqFt
4 Beds
•2 Full Baths, 1 Partial
John J Emerson, Listing Office: KW Professionals
Is Plymouth Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Plymouth Charter Township has remained a Seller's Market.
Key Takeaway
Plymouth Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plymouth Charter Township, MI
How much do homes in Plymouth Charter Township, MI cost?
Median Sold Price
$446,333
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,416(+0.3%)
Key Takeaway
The sold price of homes in Plymouth Charter Township has remained the same since last year.
Summary: The median home sold price in Plymouth Charter Township was $446,333 in October 2024, up 0.3% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150.7K | $129.9K | -13.8% |
| 2 Bedrooms | $264.5K | $286K | +8.1% |
| 3 Bedrooms | $450K | $410.5K | -8.8% |
| 4 Bedrooms | $551K | $605K | +9.8% |
| 5+ Bedrooms | $635K | $625K | -1.6% |
Summary: Plymouth Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes increased by 8.1%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Cities
| Livonia | $275.9K | $300K | +8.7% |
| Northville Township | $523.6K | $542.8K | +3.7% |
| Canton | $369.9K | $380.5K | +2.9% |
| Plymouth Charter Township | $444.9K | $446.3K | 0.3% |
| Plymouth | $440K | $439.1K | -0.2% |
Housing Supply in Plymouth Charter Township, MI
How many homes are available in Plymouth Charter Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 161 | 151 | -6.2% |
Summary: The Plymouth Charter Township real estate market had 151 homes for sale in October 2024, a 6.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 29 | 27 | -6.9% |
| 3 Bedrooms | 60 | 54 | -10.0% |
| 4 Bedrooms | 62 | 57 | -8.1% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Plymouth 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 decreased by 6.9%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 49 | -15.5% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plymouth Charter Township, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in Plymouth Charter Township in October 2024, down by 15.5% month-over-month. Of the 49 sold homes, 47% were sold under asking, 14% were sold at asking, and 39% were sold over asking.
Days on Market for Plymouth Charter Township, MI
How long does it take to sell a home in Plymouth Charter Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 28 Days | +4.4% |
Summary: Homes in Plymouth Charter Township had an average of 28 days on market in Oct 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plymouth Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 49 homes were sold in Plymouth Charter Township; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
