Is South Haven Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Haven Charter Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, South Haven Charter Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in South Haven Charter Township, MI

How much do homes in South Haven Charter Township, MI cost?

Median Sold Price

$431,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,500(+5.8%)

Key Takeaway

Homes in South Haven Charter Township have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in South Haven Charter Township was $431,000 in October 2024, up 5.8% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $305K$232.5K
-23.8%
2 $357.5K$385K
+7.7%
3 $312.5K$358.5K
+14.7%
4 $529.9K$515.5K
-2.7%
5+ $729K$779K
+6.9%

Summary: South Haven Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.8%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Cities

Geneva Township
+10.6%
South Haven Charter Township
+5.8%
South Haven
+5.8%
Casco Township
-19.9%

Housing Supply in South Haven Charter Township, MI

How many homes are available in South Haven Charter Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108107-0.9%

Summary: The South Haven Charter Township real estate market had 107 homes for sale in October 2024, a 0.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 24
+100.0%
2 1816
-11.1%
3 3233
+3.1%
4 3430
-11.8%
5+ 2224
+9.1%

Summary: The South Haven Charter Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2620-23.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Haven Charter Township, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in South Haven Charter Township in October 2024, down by 23.1% month-over-month. Of the 20 sold homes, 55% were sold under asking, 35% were sold at asking, and 10% 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

Oct 2023Oct 2024CHANGE
50 Days55 Days+10.2%

Summary: Homes in South Haven Charter Township had an average of 55 days on market in Oct 2024, up by 10.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in South Haven Charter Township has remained consistent over time.

Summary: During October 2024, 20 homes were sold in South Haven Charter Township; 25% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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Newest Listings in South Haven Charter Township, MI

Nearby Markets to South Haven Charter Township, MI

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MLS Disclaimers and Copyright

Based on information from RealComp II Ltd. Previous Previous, Michigan Regional Information Center LLC, and MiRealSource Inc. DL for the period 11/01/2022 - 11/01/2024

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 11:50:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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