#50164847, Mark Duncan, Listing Office: RE/MAX Results
Monitor Charter Township Housing Market Report January 2025•Bay County, Michigan
Housing Prices in Monitor Charter Township, MI
How much do homes in Monitor Charter Township, MI cost?
Housing Market Conditions
Is Monitor Charter Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Monitor Charter Township is a Neutral Market
Difference Since December 2024
Last month, Monitor Charter Township was a Seller's Market.
Monitor Charter Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in January 2025
Homes in Monitor Charter Township have sold for 34.3% less than they did a month ago.
Summary: The median home sold price in Monitor Charter Township was $143,300 in January 2025, down 34.3% from last month, and the median price per square foot was $136.
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $111.4K | $125.9K | +13.0% |
33 Bedrooms | $246.5K | - | N/A |
44 Bedrooms | $380K | $158K | -58.4% |
55+ Bedrooms | - | - | N/A |
Summary: Monitor Charter Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +13.0%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -58.4%. The home price for 5 bedroom homes did not change.
Housing supply in Monitor Charter Township, MI
How many homes are available in Monitor Charter Township, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
21Last MonthJan 2025 | ||
222 months agoDec 2024 | -4.5 % Change MoMDec – Jan |
Summary: The Monitor Charter Township real estate market had 21 homes for sale in Jan 2025, a 4.5 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
3Last MonthJan 2025 | ||
72 months agoDec 2024 | -57.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 5 | 5 | 0.0% |
33 Bedrooms | 11 | 12 | +9.1% |
44 Bedrooms | 5 | 3 | -40.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Monitor Charter Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +9.1%. The inventory for 4 bedroom homes decreased by -40.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Monitor Charter Township, MI cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price2 Homes
If you're buying a home in Monitor Charter Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Monitor Charter Township in January 2025, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.
Days on Market for Monitor Charter Township, MI
How long does it take to sell a home in Monitor Charter Township, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Avg time on Rocket Homes in Monitor Charter Township has remained consistent over time.
Summary: During January 2025, 3 homes were sold in Monitor Charter Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
48 DaysLast MonthJan 2025 | ||
40 Days1 month agoDec 2024 | +18.3 % Change MoMDec – Jan |
Summary: Homes in Monitor Charter Township had an average listing age of 48 days in Jan 2025, up by 18.3% compared to the previous month.
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Newest Listings in Monitor Charter Township, MI
What homes are available in Monitor Charter Township, MI?
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Based on information from MiRealSource Inc. DL, and RealComp II Ltd. for the period 12/01/2024 - 02/01/2025
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Last updated on: 2/7/2025, 2:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 2/7/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.