#20250007042, Paul Coulter, Listing Office: Realty Executives Main St LLC
North Branch Township Housing Market Report January 2025•Lapeer County, Michigan
Housing Prices in North Branch Township, MI
How much do homes in North Branch Township, MI cost?
Housing Market Conditions
Is North Branch Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
North Branch Township is a Seller's Market
Difference Since January 2024
Since last year, North Branch Township has remained a Seller's Market.
North Branch Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in North Branch Township have sold for 15.5% more than they did a year ago.
Summary: The median home sold price in North Branch Township was $277,000 in January 2025, up 15.5% from last year, and the median price per square foot was $144.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
North Branch | $239.9K | $277K | +15.5% |
North Branch Township | $239.9K | $277K | +15.5% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $270K | - | N/A |
55+ Bedrooms | $520K | $572K | +10.0% |
22 Bedrooms | $207.3K | $105K | -49.4% |
33 Bedrooms | $236.5K | $269.9K | +14.1% |
44 Bedrooms | $289K | $337.5K | +16.8% |
Summary: North Branch 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 5 bedroom homes increased by +10.0%. The home price for 2 bedroom homes decreased by -49.4%. The home price for 3 bedroom homes increased by +14.1%. The home price for 4 bedroom homes increased by +16.8%.
Housing supply in North Branch Township, MI
How many homes are available in North Branch Township, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
29Last MonthJan 2025 | ||
282 months agoDec 2024 | +3.6 % Change MoMDec – Jan |
Summary: The North Branch Township real estate market had 29 homes for sale in Jan 2025, a 3.6 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthJan 2025 | ||
82 months agoDec 2024 | -37.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
22 Bedrooms | 3 | 3 | 0.0% |
33 Bedrooms | 19 | 21 | +10.5% |
44 Bedrooms | 5 | 4 | -20.0% |
Summary: North Branch 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 5 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +10.5%. The inventory for 4 bedroom homes decreased by -20.0%.
Asking Price vs. Sold Price
How much do homes in North Branch Township, MI cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price5 Homes
If you're buying a home in North Branch Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in North Branch Township in January 2025, down by 37.5% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for North Branch Township, MI
How long does it take to sell a home in North Branch Township, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days2 Homes
Avg time on Rocket Homes in North Branch Township has remained consistent over time.
Summary: During January 2025, 5 homes were sold in North Branch Township; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
147 DaysThis YearJan 2025 | ||
68 Days1 year agoJan 2024 | +115.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in North Branch Township had an average listing age of 147 days in Jan 2025, up by 115.2% compared to the previous year.
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Newest Listings in North Branch Township, MI
What homes are available in North Branch Township, MI?
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., for the period 02/01/2023 - 02/01/2025
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.