Is Beaver Township, 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, Beaver Township has remained a Seller's Market.
Housing Prices in Beaver Township, MI
How much do homes in Beaver Township, MI cost?
Median Sold Price
$155,000
$86/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Beaver Township was $155,000 in May 2024, down 57.1% from last month, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $60K | N/A |
3 Bedrooms | $393K | - | N/A |
4 Bedrooms | - | $250K | N/A |
5+ Bedrooms | $330K | - | N/A |
Summary: Beaver Township housing prices by bedroom type for May 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Garfield Township | $195K | $297.5K | +52.6% |
Beaver Township | $361.5K | $155K | -57.1% |
Linwood | $430.5K | $155.7K | -63.8% |
Housing Supply in Beaver Township, MI
How many homes are available in Beaver Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Summary: The Beaver Township real estate market had 5 homes for sale in May 2024, a 25.0% increase 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 | 0 | 1 | +100.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Beaver 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Beaver Township in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Beaver Township, MI
How long does it take to sell a home in Beaver Township, MI?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 Days | 3 Days | -92.9% |
Summary: Homes in Beaver Township had an average of 3 days on market in May 2024, down by 92.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Beaver Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.