Is Elmira Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Elmira Township was a Seller's Market.
Housing Prices in Elmira Township, MI
How much do homes in Elmira Township, MI cost?
Median Sold Price
$257,450
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Elmira Township was $257,450 in April 2024, up 7.3% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $215.7K | $255K | +18.2% |
3 Bedrooms | $245K | $249.9K | +2.0% |
4 Bedrooms | $160K | $344.5K | +115.3% |
5+ Bedrooms | $475K | $495K | +4.2% |
Summary: Elmira Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 115.3%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
Elmira Township | $240K | $257.4K | +7.3% |
Elmira | $235K | $249.9K | +6.3% |
Hudson Township | $168K | $149.9K | -10.7% |
Housing Supply in Elmira Township, MI
How many homes are available in Elmira Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Summary: The Elmira Township real estate market had 23 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Elmira Township 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 3 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Elmira Township in April 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Elmira Township, MI
We’re sorry, we don't have information for this market at the moment