$8,014 Closing Credit*
$674,900
3,054 SqFt
4 Beds
•2 Full Baths, 1 Partial
Mike McGivney, Listing Office: Allen Edwin Realty
Is Texas 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, Texas Charter Township has remained a Seller's Market.
Key Takeaway
Texas Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Texas Charter Township, MI
How much do homes in Texas Charter Township, MI cost?
Median Sold Price
$497,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,666(+2.2%)
Key Takeaway
Homes in Texas Charter Township have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Texas Charter Township was $497,000 in November 2024, up 2.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249K | $200K | -19.7% |
| 2 Bedrooms | $261.5K | $282.5K | +8.0% |
| 3 Bedrooms | $353K | $368K | +4.2% |
| 4 Bedrooms | $457K | $499K | +9.2% |
| 5+ Bedrooms | $622.5K | $552.5K | -11.2% |
Summary: Texas Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.7%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 11.2%.
Median Sold Price Compared To Nearby Cities
| Portage | $261.5K | $285K | +9.0% |
| Kalamazoo | $219.7K | $230.3K | +4.8% |
| Oshtemo Charter Township | $324.9K | $335.9K | +3.4% |
| Texas Charter Township | $486.3K | $497K | +2.2% |
Housing Supply in Texas Charter Township, MI
How many homes are available in Texas Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 61 | -18.7% |
Summary: The Texas Charter Township real estate market had 61 homes for sale in November 2024, a 18.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 40 | 30 | -25.0% |
| 5+ Bedrooms | 22 | 16 | -27.3% |
Summary: The Texas Charter Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 11 | -38.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Texas Charter Township, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Texas Charter Township in November 2024, down by 38.9% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Texas Charter Township, MI
How long does it take to sell a home in Texas Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 18 Days | -5.5% |
Summary: Homes in Texas Charter Township had an average of 18 days on market in Nov 2024, down by 5.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Texas Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Texas Charter Township; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
