Is Easton Township, 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, Easton Township has remained a Seller's Market.
Housing Prices in Easton Township, MI
How much do homes in Easton Township, MI cost?
Median Sold Price
$217,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Easton Township was $217,500 in May 2024, down 2.5% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $208K | - | N/A |
2 Bedrooms | $196.5K | $120K | -38.9% |
3 Bedrooms | $199K | $217K | +9.0% |
4 Bedrooms | $277.4K | $277.5K | 0.0% |
5+ Bedrooms | - | $500K | N/A |
Summary: Easton Township 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 decreased by 38.9%, 3 bedroom homes increased by 9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Ionia Township | $176.4K | $197.5K | +11.9% |
Ionia | $177.4K | $196K | +10.5% |
Easton Township | $223K | $217.5K | -2.5% |
Orleans Township | $227K | $220K | -3.1% |
Berlin Township | $270K | $253K | -6.3% |
Housing Supply in Easton Township, MI
How many homes are available in Easton Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 10 | -33.3% |
Summary: The Easton Township real estate market had 10 homes for sale in May 2024, a 33.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 10 | 6 | -40.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Easton Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Easton Township in May 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Easton Township, MI
How long does it take to sell a home in Easton Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 26 Days | +96.3% |
Summary: Homes in Easton Township had an average of 26 days on market in May 2024, up by 96.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Easton Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.