Is Saint Joseph Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Saint Joseph Charter Township has remained a Seller's Market.
Housing Prices in Saint Joseph Charter Township, MI
How much do homes in Saint Joseph Charter Township, MI cost?
Median Sold Price
$287,450
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Saint Joseph Charter Township was $287,450 in May 2024, up 18.3% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.5K | - | N/A |
2 Bedrooms | $180K | $222.5K | +23.6% |
3 Bedrooms | $237.5K | $265K | +11.6% |
4 Bedrooms | $299.9K | $370K | +23.4% |
5+ Bedrooms | $530K | $479.9K | -9.4% |
Summary: Saint Joseph Charter Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes decreased by 9.4%.
Median Sold Price Compared To Nearby Cities
Benton Harbor | $144.8K | $185K | +27.7% |
Benton Charter Township | $138.9K | $167K | +20.2% |
Saint Joseph Charter Township | $243K | $287.4K | +18.3% |
Saint Joseph | $288K | $290K | +0.7% |
Shoreham | $328K | $320K | -2.4% |
Housing Supply in Saint Joseph Charter Township, MI
How many homes are available in Saint Joseph Charter Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 38 | +5.6% |
Summary: The Saint Joseph Charter Township real estate market had 38 homes for sale in May 2024, a 5.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Saint Joseph Charter Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Saint Joseph Charter Township in May 2024, down by 7.7% month-over-month. Of the 12 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Saint Joseph Charter Township, MI
How long does it take to sell a home in Saint Joseph Charter Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 26 Days | -17.7% |
Summary: Homes in Saint Joseph Charter Township had an average of 26 days on market in May 2024, down by 17.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Saint Joseph Charter Township; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.