Is Edmore, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Edmore has remained a Seller's Market.
Housing Prices in Edmore, MI
How much do homes in Edmore, MI cost?
Median Sold Price
$192,000
$123/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Edmore was $192,000 in April 2024, down 6.3% from last month, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $245K | $227.5K | -7.1% |
4 Bedrooms | $205K | $182K | -11.2% |
5+ Bedrooms | - | - | N/A |
Summary: Edmore 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 7.1%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes did not change.
Housing Supply in Edmore, MI
How many homes are available in Edmore, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Summary: The Edmore real estate market had 14 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Edmore 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 decreased by 20%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Edmore in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Edmore, MI
How long does it take to sell a home in Edmore, MI?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 54 Days | +332.2% |
Summary: Homes in Edmore had an average of 54 days on market in Apr 2024, up by 332.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Edmore; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.