$2,126 Closing Credit*
$179,000
2,428 SqFt
3 Beds
•2 Full Baths
Shelley Braxton, Listing Office: Braxton Brokers & Associates Real Estate
Is Eastside, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Eastside has remained a Seller's Market.
Key Takeaway
Eastside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastside, MI
How much do homes in Eastside, MI cost?
Median Sold Price
$119,900
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$11,900(+11.0%)
Key Takeaway
Homes in Eastside have sold for 11% more than they did a year ago.
Summary: The median home sold price in Eastside was $119,900 in December 2024, up 11% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $54K | $83K | +53.7% |
| 2 Bedrooms | $86K | $106.2K | +23.5% |
| 3 Bedrooms | $115K | $128.1K | +11.4% |
| 4 Bedrooms | $150K | $155K | +3.3% |
| 5+ Bedrooms | $180K | $190K | +5.6% |
Summary: Eastside housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.7%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 5.6%.
Housing Supply in Eastside, MI
How many homes are available in Eastside, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 84 | 68 | -19.0% |
Summary: The Eastside real estate market had 68 homes for sale in December 2024, a 19.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 25 | 21 | -16.0% |
| 3 Bedrooms | 43 | 35 | -18.6% |
| 4 Bedrooms | 10 | 5 | -50.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Eastside housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 24 | 16 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastside, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Eastside in December 2024, down by 33.3% month-over-month. Of the 16 sold homes, 38% were sold under asking, 19% were sold at asking, and 44% were sold over asking.
Days on Market for Eastside, MI
How long does it take to sell a home in Eastside, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 47 Days | 35 Days | -25.5% |
Summary: Homes in Eastside had an average of 35 days on market in Dec 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eastside are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 16 homes were sold in Eastside; 56% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.