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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zeeland Charter Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Zeeland Charter Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Zeeland Charter Township, MI

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

Median Sold Price

$370,500

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,600(+9.0%)

Key Takeaway

Homes in Zeeland Charter Township have sold for 9% more than they did a year ago.

Summary: The median home sold price in Zeeland Charter Township was $370,500 in October 2024, up 9% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $198K$207.7K
+4.9%
2 $245K$275.2K
+12.3%
3 $319K$330K
+3.4%
4 $361K$446.5K
+23.7%
5+ $490K$490K
0.0%

Summary: Zeeland Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.9%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Zeeland
+9.7%
Zeeland Charter Township
+9.0%
Holland
+7.1%
Blendon Township
-6.1%

Housing Supply in Zeeland Charter Township, MI

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
85850.0%

Summary: The Zeeland Charter Township real estate market had 85 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 78
+14.3%
3 2626
0.0%
4 3939
0.0%
5+ 1010
0.0%

Summary: The Zeeland Charter Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2429+20.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zeeland Charter Township, you may be able to get a good deal. 48.3% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Zeeland Charter Township in October 2024, up by 20.8% month-over-month. Of the 29 sold homes, 48% were sold under asking, 21% were sold at asking, and 31% were sold over asking.

Days on Market for Zeeland Charter Township, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days13 Days-14.9%

Summary: Homes in Zeeland Charter Township had an average of 13 days on market in Oct 2024, down by 14.9% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 29 homes were sold in Zeeland Charter Township; 90% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 3% 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 Zeeland Charter Township, MI

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