Is Hamlin Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hamlin Township has remained a Seller's Market.
Housing Prices in Hamlin Township, MI
How much do homes in Hamlin Township, MI cost?
Median Sold Price
$268,825
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hamlin Township was $268,825 in April 2024, up 22.6% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $260K | $215K | -17.3% |
3 Bedrooms | $214.7K | $250K | +16.4% |
4 Bedrooms | $217K | $320K | +47.5% |
5+ Bedrooms | $345K | $343.5K | -0.4% |
Summary: Hamlin Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.3%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 47.5%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Cities
Hamlin Township | $219.2K | $268.8K | +22.6% |
Onondaga Township | $227.9K | $274K | +20.3% |
Eaton Rapids | $195K | $227K | +16.4% |
Eaton Rapids Township | $199K | $227K | +14.1% |
Housing Supply in Hamlin Township, MI
How many homes are available in Hamlin Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Summary: The Hamlin Township real estate market had 5 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 1 | +100.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hamlin 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Hamlin Township in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Hamlin Township, MI
How long does it take to sell a home in Hamlin Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 6 Days | -91.3% |
Summary: Homes in Hamlin Township had an average of 6 days on market in Apr 2024, down by 91.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Hamlin Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.