$1,958 Closing Credit*
$164,900
1,344 SqFt
3 Beds
•2 Full Baths
Lisa Ferguson, Listing Office: Coldwell Banker Schmidt - Boyne City
Is Boyne Valley Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Boyne Valley Township was a Seller's Market.
Key Takeaway
Boyne Valley Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Boyne Valley Township, MI
How much do homes in Boyne Valley Township, MI cost?
Median Sold Price
$330,000
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$80,000(+32.0%)
Key Takeaway
Homes in Boyne Valley Township have sold for 32% more than they did a year ago.
Summary: The median home sold price in Boyne Valley Township was $330,000 in October 2024, up 32% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $98.3K | -21.4% |
| 2 Bedrooms | $270K | $265K | -1.9% |
| 3 Bedrooms | $325K | $330K | +1.5% |
| 4 Bedrooms | $542.5K | $487K | -10.2% |
| 5+ Bedrooms | $899.9K | $1.8M | +100.0% |
Summary: Boyne Valley Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.4%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 100%.
Median Sold Price Compared To Nearby Cities
| Boyne Falls | $240K | $319K | +32.9% |
| Boyne Valley Township | $250K | $330K | +32.0% |
| Wilson Township | $273.7K | $359.5K | +31.3% |
| Boyne City | $360K | $395K | +9.7% |
Housing Supply in Boyne Valley Township, MI
How many homes are available in Boyne Valley Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 17 | +70.0% |
Summary: The Boyne Valley Township real estate market had 17 homes for sale in October 2024, a 70.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 7 | +133.3% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Boyne Valley Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boyne Valley Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Boyne Valley Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Boyne Valley Township, MI
We’re sorry, we don't have information for this market at the moment
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