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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing York Charter Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, York Charter Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in York Charter Township, MI

How much do homes in York Charter Township, MI cost?

Median Sold Price

$510,000

$220/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$107,500(+26.7%)

Key Takeaway

Homes in York Charter Township have sold for 26.7% more than they did a month ago.

Summary: The median home sold price in York Charter Township was $510,000 in October 2024, up 26.7% from last month, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$223K
N/A
3 $172.5K$505K
+192.8%
4 $402.5K$750K
+86.3%
5+ $967.5K-
N/A

Summary: York Charter Township housing prices by bedroom type for October 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 increased by 192.8%, 4 bedroom homes increased by 86.3%, and 5+ bedroom homes did not change.

Housing Supply in York Charter Township, MI

How many homes are available in York Charter Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3034+13.3%

Summary: The York Charter Township real estate market had 34 homes for sale in October 2024, a 13.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 810
+25.0%
4 1516
+6.7%
5+ 45
+25.0%

Summary: The York 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in York Charter Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in York Charter Township in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.

Days on Market for York Charter Township, MI

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

Average Sale Time

Sep 2024Oct 2024CHANGE
23 Days14 Days-40.4%

Summary: Homes in York Charter Township had an average of 14 days on market in Oct 2024, down by 40.4% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in York Charter Township; 86% of homes were sold within 30 days, 14% 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 16 Days Ago

Newest Listings in York Charter Township, MI

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What housing markets are near York Charter Township, MI?