$3,497 Closing Credit*
$294,500
1,221 SqFt
3 Beds
•1 Full Bath, 1 Partial
Terra Haller, Listing Office: Block Real Estate
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 November 2023
Since last year, Superior Charter Township has remained a Seller's Market.
Key Takeaway
Superior Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Superior Charter Township, MI
How much do homes in Superior Charter Township, MI cost?
Median Sold Price
$370,793
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,793(+4.4%)
Key Takeaway
Homes in Superior Charter Township have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Superior Charter Township was $370,793 in November 2024, up 4.4% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $185K | N/A |
| 2 Bedrooms | $164K | $236.5K | +44.2% |
| 3 Bedrooms | $332.5K | $350K | +5.3% |
| 4 Bedrooms | $397.4K | $445K | +11.9% |
| 5+ Bedrooms | $985K | $1.0M | +6.6% |
Summary: Superior Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Canton Charter Township | $365.4K | $384.9K | +5.4% |
| Canton | $365.3K | $385K | +5.4% |
| Ann Arbor Charter Township | $478K | $499.8K | +4.6% |
| Superior Charter Township | $355K | $370.7K | +4.4% |
| Ypsilanti Charter Township | $268.9K | $279.3K | +3.9% |
Housing Supply in Superior Charter Township, MI
How many homes are available in Superior Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 49 | -10.9% |
Summary: The Superior Charter Township real estate market had 49 homes for sale in November 2024, a 10.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Superior Charter 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 decreased by 25%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were 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. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Superior Charter Township in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 26 Days | +282.9% |
Summary: Homes in Superior Charter Township had an average of 26 days on market in Nov 2024, up by 282.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was 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 November 2024, 10 homes were sold in Superior Charter Township; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
