Is Beaver Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaver Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Beaver Township has remained a Seller's Market.

Key Takeaway

Beaver Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Beaver Township, MI

How much do homes in Beaver Township, MI cost?

Median Sold Price

$160,000

$83/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$60,000(-27.3%)

Key Takeaway

Homes in Beaver Township have sold for 27.3% less than they did a month ago.

Summary: The median home sold price in Beaver Township was $160,000 in November 2024, down 27.3% from last month, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$55K
N/A
3 $387.5K$265K
-31.6%
4 $37.5K-
N/A
5+ --
N/A

Summary: Beaver Township housing prices by bedroom type for November 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 decreased by 31.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Linwood
-7.5%
Beaver Township
-27.3%
Kawkawlin Township
-70.9%

Housing Supply in Beaver Township, MI

How many homes are available in Beaver Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The Beaver Township real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 22
0.0%
5+ 12
+100.0%

Summary: The Beaver Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaver Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Beaver Township in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% 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

Oct 2024Nov 2024CHANGE
90 Days14 Days-84.5%

Summary: Homes in Beaver Township had an average of 14 days on market in Nov 2024, down by 84.5% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Beaver Township are selling fast, if you're buying plan to act quickly.

Summary: During November 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Beaver Township, MI

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