$3,086 Closing Credit*
$259,900
1,308 SqFt
3 Beds
•1 Full Bath, 1 Partial
Charles A Siciliano, Listing Office: @properties Christie's Int'l R.E. Birmingham
Is Superior 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
At the same time last year, Superior Charter Township was a Seller's Market.
Key Takeaway
Superior Charter 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 Superior Charter Township, MI
How much do homes in Superior Charter Township, MI cost?
Median Sold Price
$367,250
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,250(+1.5%)
Key Takeaway
Homes in Superior Charter Township have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Superior Charter Township was $367,250 in October 2024, up 1.5% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $185K | N/A |
| 2 Bedrooms | $186K | $225K | +21.0% |
| 3 Bedrooms | $332.5K | $340K | +2.3% |
| 4 Bedrooms | $404.9K | $432.5K | +6.8% |
| 5+ Bedrooms | $912.5K | $1.0M | +13.3% |
Summary: Superior Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Ann Arbor Charter Township | $480.1K | $500K | +4.1% |
| Ypsilanti Charter Township | $270.7K | $280.1K | +3.5% |
| Canton Charter Township | $369.9K | $380.6K | +2.9% |
| Canton | $369.9K | $380.5K | +2.9% |
| Superior Charter Township | $362K | $367.2K | +1.5% |
Housing Supply in Superior Charter Township, MI
How many homes are available in Superior Charter Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 56 | +21.7% |
Summary: The Superior Charter Township real estate market had 56 homes for sale in October 2024, a 21.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 13 | 17 | +30.8% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Superior 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 increased by 33.3%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Superior Charter Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Superior Charter Township in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Superior Charter Township, MI
How long does it take to sell a home in Superior Charter Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 24 Days | -51.3% |
Summary: Homes in Superior Charter Township had an average of 24 days on market in Oct 2024, down by 51.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Superior Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Superior Charter Township; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
