$60,000
10.00 Acres
Land
Sheri Richards, Listing Office: Five Star Real Estate
Housing Prices in Beaver Island, MI
How much do homes in Beaver Island, MI cost?
Median List Price
$480,000
$348/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$50,000(+11.6%)
Key Takeaway
The list price of homes in Beaver Island has increased by 11.6% since last year.
Summary: The median home list price in Beaver Island was $480,000 in October 2024, up 11.6% from the previous year, and the median price per square foot was $348.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $237K | N/A |
| 2 Bedrooms | $427K | $497.4K | +16.5% |
| 3 Bedrooms | $447.5K | $478.9K | +7.0% |
| 4 Bedrooms | $447K | $520K | +16.3% |
| 5+ Bedrooms | - | $695K | N/A |
Summary: Beaver Island 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 16.5%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes did not change.
Housing Supply in Beaver Island, MI
How many homes are available in Beaver Island, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Beaver Island real estate market had 10 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Beaver Island 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 remained the same, and 5+ bedroom homes remained the same.
Days on Market for Beaver Island, MI
How long does it take to sell a home in Beaver Island, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 112 Days | +116.7% |
Summary: Homes in Beaver Island had an average listing age of 112 days in Oct 2024, up by 116.7% compared to the previous year.
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