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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stronach Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Stronach Township has remained a Neutral Market.

Key Takeaway

Stronach Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Stronach Township, MI

How much do homes in Stronach Township, MI cost?

Median Sold Price

$254,900

$265/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$23,900(+10.3%)

Key Takeaway

Homes in Stronach Township have sold for 10.3% more than they did a month ago.

Summary: The median home sold price in Stronach Township was $254,900 in November 2024, up 10.3% from last month, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$254.9K
N/A
3 $231K-
N/A
4 --
N/A
5+ --
N/A

Summary: Stronach Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 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

Stronach Township
+10.3%
Brown Township
-48.1%

Housing Supply in Stronach Township, MI

How many homes are available in Stronach Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The Stronach Township real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Stronach Township housing inventory by bedroom type for November 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 remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stronach Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Stronach Township in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Stronach Township, MI

How long does it take to sell a home in Stronach Township, MI?

Average Sale Time

Oct 2024Nov 2024CHANGE
35 Days11 Days-68.6%

Summary: Homes in Stronach Township had an average of 11 days on market in Nov 2024, down by 68.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stronach Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Stronach Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Stronach Township, MI

Nearby Markets to Stronach Township, MI

What housing markets are near Stronach Township, MI?