Is Hadley Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hadley Township has remained a Seller's Market.
Housing Prices in Hadley Township, MI
How much do homes in Hadley Township, MI cost?
Median Sold Price
$385,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hadley Township was $385,000 in May 2024, up 2.1% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | - | N/A |
2 Bedrooms | $239.9K | - | N/A |
3 Bedrooms | $352.5K | $344K | -2.4% |
4 Bedrooms | $480K | $450K | -6.3% |
5+ Bedrooms | $537.5K | $487K | -9.4% |
Summary: Hadley Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 9.4%.
Median Sold Price Compared To Nearby Cities
Elba Township | $254K | $300.5K | +18.3% |
Brandon Charter Township | $354.5K | $365K | +3.0% |
Hadley Township | $377K | $385K | +2.1% |
Metamora Township | $397K | $365K | -8.1% |
Housing Supply in Hadley Township, MI
How many homes are available in Hadley Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Summary: The Hadley Township real estate market had 14 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 9 | 7 | -22.2% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hadley Township housing inventory by bedroom type for May 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 22.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Hadley Township in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Hadley Township, MI
How long does it take to sell a home in Hadley Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
36 Days | 8 Days | -75.6% |
Summary: Homes in Hadley Township had an average of 8 days on market in May 2024, down by 75.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Hadley 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.