Is Eveline 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, Eveline Township has remained a Seller's Market.
Key Takeaway
Eveline Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eveline Township, MI
How much do homes in Eveline Township, MI cost?
Median Sold Price
$702,500
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eveline Township have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in Eveline Township was $702,500 in May 2024, up 17.1% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $397.5K | - | N/A |
| 2 Bedrooms | $495K | $279K | -43.6% |
| 3 Bedrooms | $500K | $702.5K | +40.5% |
| 4 Bedrooms | $925K | $380K | -58.9% |
| 5+ Bedrooms | $1.9M | $4.2M | +121.1% |
Summary: Eveline 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 43.6%, 3 bedroom homes increased by 40.5%, 4 bedroom homes decreased by 58.9%, and 5+ bedroom homes increased by 121.1%.
Median Sold Price Compared To Nearby Cities
| Eveline Township | $600K | $702.5K | +17.1% |
| Boyne City | $350.7K | $386.4K | +10.2% |
Housing Supply in Eveline Township, MI
How many homes are available in Eveline Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Summary: The Eveline Township real estate market had 10 homes for sale in May 2024, a 100.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Eveline 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eveline Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Eveline Township in May 2024, up by 100.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Eveline Township, MI
We’re sorry, we don't have information for this market at the moment
