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

$220,000

$92/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$32,500(+17.3%)

Key Takeaway

Homes in Beaver Township have sold for 17.3% more than they did a month ago.

Summary: The median home sold price in Beaver Township was $220,000 in October 2024, up 17.3% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $125K-
N/A
3 -$387.5K
N/A
4 $250K$37.5K
-85.0%
5+ --
N/A

Summary: Beaver Township housing prices by bedroom type for October 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 decreased by 85%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kawkawlin Township
+539.5%
Linwood
+49.1%
Beaver Township
+17.3%
Garfield Township
-39.0%

Housing Supply in Beaver Township, MI

How many homes are available in Beaver Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The Beaver Township real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 23
+50.0%
4 12
+100.0%
5+ 11
0.0%

Summary: The Beaver 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 decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Beaver Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
4 Days89 Days+2141.7%

Summary: Homes in Beaver Township had an average of 89 days on market in Oct 2024, up by 2141.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Beaver Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Beaver Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 20 Days Ago

Newest Listings in Beaver Township, MI

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