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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goodar Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Goodar Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Goodar Township, MI

How much do homes in Goodar Township, MI cost?

Median Sold Price

$350,000

$270/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$67,500(+23.9%)

Key Takeaway

Homes in Goodar Township have sold for 23.9% more than they did a month ago.

Summary: The median home sold price in Goodar Township was $350,000 in April 2024, up 23.9% from last month, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$350K
N/A
3 $282.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Goodar Township housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lupton
+131.4%
Goodar Township
+23.9%
South Branch
-44.5%

Housing Supply in Goodar Township, MI

How many homes are available in Goodar Township, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The Goodar Township real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 42
-50.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Goodar Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Goodar Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Goodar Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Goodar Township, MI

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

Average Sale Time

Mar 2024Apr 2024CHANGE
64 Days62 Days-3.1%

Summary: Homes in Goodar Township had an average of 62 days on market in Apr 2024, down by 3.1% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Goodar Township has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Goodar Township; 0% of homes were sold within 30 days, 100% 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 28 Days Ago

Newest Listings in Goodar Township, MI

Nearby Markets to Goodar Township, MI

What housing markets are near Goodar Township, MI?