Is South Haven 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, South Haven Charter Township has remained a Seller's Market.
Housing Prices in South Haven Charter Township, MI
How much do homes in South Haven Charter Township, MI cost?
Median Sold Price
$400,462
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in South Haven Charter Township was $400,462 in May 2024, up 5.4% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $279.9K | +12.0% |
2 Bedrooms | $377.4K | $335K | -11.2% |
3 Bedrooms | $320K | $349.9K | +9.4% |
4 Bedrooms | $459.5K | $518K | +12.7% |
5+ Bedrooms | $740K | $730.3K | -1.3% |
Summary: South Haven Charter Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
Covert Township | $227K | $385K | +69.6% |
South Haven Charter Township | $379.9K | $400.4K | +5.4% |
South Haven | $379.9K | $400.4K | +5.4% |
Casco Township | $400K | $407.5K | +1.9% |
Housing Supply in South Haven Charter Township, MI
How many homes are available in South Haven Charter Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
110 | 118 | +7.3% |
Summary: The South Haven Charter Township real estate market had 118 homes for sale in May 2024, a 7.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 5 | +400.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 34 | 43 | +26.5% |
4 Bedrooms | 29 | 26 | -10.3% |
5+ Bedrooms | 35 | 30 | -14.3% |
Summary: The South Haven Charter Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 400%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 26.5%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 23 | +35.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in South Haven Charter Township in May 2024, up by 35.3% month-over-month. Of the 23 sold homes, 65% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for South Haven Charter Township, MI
How long does it take to sell a home in South Haven Charter Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 60 Days | +130.7% |
Summary: Homes in South Haven Charter Township had an average of 60 days on market in May 2024, up by 130.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 23 homes were sold in South Haven Charter Township; 52% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.