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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Star Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Star Township was a Seller's Market.

Key Takeaway

Star Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Star Township, MI

How much do homes in Star Township, MI cost?

Median Sold Price

$125,000

$135/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$225,000(-64.3%)

Key Takeaway

Homes in Star Township have sold for 64.3% less than they did a month ago.

Summary: The median home sold price in Star Township was $125,000 in April 2024, down 64.3% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $350K$125K
-64.3%
4 --
N/A
5+ --
N/A

Summary: Star 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 decreased by 64.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Star Township, MI

How many homes are available in Star Township, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
912+33.3%

Summary: The Star Township real estate market had 12 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 01
+100.0%
3 77
0.0%
4 00
0.0%
5+ 02
+100.0%

Summary: The Star 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Star Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Star Township in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Star Township, MI

We’re sorry, we don't have information for this market at the moment

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 Star Township, MI

Nearby Markets to Star Township, MI

What housing markets are near Star Township, MI?