Is Swartz Creek, 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, Swartz Creek has remained a Seller's Market.
Key Takeaway
Swartz Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Swartz Creek, MI
How much do homes in Swartz Creek, MI cost?
Median Sold Price
$234,750
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Swartz Creek have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Swartz Creek was $234,750 in May 2024, up 8.7% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $242.5K | - | N/A |
| 2 Bedrooms | $187.5K | $204.9K | +9.3% |
| 3 Bedrooms | $202.5K | $220.2K | +8.7% |
| 4 Bedrooms | $265K | $284.9K | +7.5% |
| 5+ Bedrooms | $287.9K | $295.4K | +2.6% |
Summary: Swartz Creek 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 increased by 9.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
| Swartz Creek | $216K | $234.7K | +8.7% |
| Gaines Township | $245K | $238K | -2.9% |
| Clayton Charter Township | $233.4K | $225.8K | -3.3% |
| Flint Charter Township | $87.3K | $80K | -8.5% |
Housing Supply in Swartz Creek, MI
How many homes are available in Swartz Creek, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 77 | 79 | +2.6% |
Summary: The Swartz Creek real estate market had 79 homes for sale in May 2024, a 2.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 43 | 49 | +14.0% |
| 4 Bedrooms | 18 | 14 | -22.2% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Swartz Creek housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 29 | +26.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swartz Creek, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Swartz Creek in May 2024, up by 26.1% month-over-month. Of the 29 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.
Days on Market for Swartz Creek, MI
How long does it take to sell a home in Swartz Creek, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 34 Days | 25 Days | -26.1% |
Summary: Homes in Swartz Creek had an average of 25 days on market in May 2024, down by 26.1% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Swartz Creek are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 29 homes were sold in Swartz Creek; 76% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource. 
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.