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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eagle Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Eagle Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Eagle Township, MI

How much do homes in Eagle Township, MI cost?

Median Sold Price

$410,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$95,050(+30.2%)

Key Takeaway

Homes in Eagle Township have sold for 30.2% more than they did a year ago.

Summary: The median home sold price in Eagle Township was $410,000 in November 2024, up 30.2% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $227K$345K
+52.0%
3 $290K$365K
+25.9%
4 $405K$447.5K
+10.5%
5+ $655K$429.9K
-34.4%

Summary: Eagle Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 34.4%.

Median Sold Price Compared To Nearby Cities

Eagle Township
+30.2%
Eagle
+15.9%
Grand Ledge
+10.7%

Housing Supply in Eagle Township, MI

How many homes are available in Eagle Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
89+12.5%

Summary: The Eagle Township real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 32
-33.3%
4 33
0.0%
5+ 12
+100.0%

Summary: The Eagle 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 increased by 100%, 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
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eagle Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Eagle Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Eagle Township, MI

How long does it take to sell a home in Eagle Township, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days29 Days-21.6%

Summary: Homes in Eagle Township had an average of 29 days on market in Nov 2024, down by 21.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Eagle Township; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

Newest Listings in Eagle Township, MI

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