$25,000
4.20 Acres
Land
Mary E. Becker, Listing Office: Heart of Up North Realty, LLC
Is Beaver Creek Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Beaver Creek Township has remained a Seller's Market.
Key Takeaway
Beaver Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beaver Creek Township, MI
How much do homes in Beaver Creek Township, MI cost?
Median Sold Price
$210,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+27.3%)
Key Takeaway
Homes in Beaver Creek Township have sold for 27.3% more than they did a year ago.
Summary: The median home sold price in Beaver Creek Township was $210,000 in October 2024, up 27.3% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $135K | $150K | +11.1% |
| 3 Bedrooms | $210K | $235K | +11.9% |
| 4 Bedrooms | $450K | $215K | -52.2% |
| 5+ Bedrooms | $430K | $430K | 0.0% |
Summary: Beaver Creek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 52.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Beaver Creek Township | $165K | $210K | +27.3% |
| Garfield Township | $200K | $244.7K | +22.4% |
| Lyon Township | $180K | $198K | +10.0% |
| Grayling Charter Township | $169.5K | $184.9K | +9.1% |
| South Branch Township | $166.2K | $174.9K | +5.2% |
Housing Supply in Beaver Creek Township, MI
How many homes are available in Beaver Creek Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The Beaver Creek Township real estate market had 16 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 6 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Beaver Creek Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 7 | +600.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beaver Creek Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Beaver Creek Township in October 2024, up by 600.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for Beaver Creek Township, MI
How long does it take to sell a home in Beaver Creek Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 9 Days | -30.8% |
Summary: Homes in Beaver Creek Township had an average of 9 days on market in Oct 2024, down by 30.8% compared to last year.
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
Key Takeaway
Many homes in Beaver Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Beaver Creek Township; 29% 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.
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