Is Horton, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Horton has remained a Seller's Market.
Key Takeaway
Horton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Horton, MI
How much do homes in Horton, MI cost?
Median Sold Price
$407,450
$259/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Horton have sold for 87.8% more than they did a month ago.
Summary: The median home sold price in Horton was $407,450 in April 2024, up 87.8% from last month, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $158K | N/A |
| 3 Bedrooms | $177K | $424.9K | +140.1% |
| 4 Bedrooms | - | $537.9K | N/A |
| 5+ Bedrooms | $360K | - | N/A |
Summary: Horton 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 increased by 140.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Horton, MI
How many homes are available in Horton, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The Horton real estate market had 14 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Horton 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 remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Horton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Horton in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Horton, MI
How long does it take to sell a home in Horton, MI?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 74 Days | 76 Days | +3.6% |
Summary: Homes in Horton had an average of 76 days on market in Apr 2024, up by 3.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Horton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Horton; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
