$1,704 Closing Credit*
$143,500
725 SqFt
2 Beds
•1 Full Bath
Rob Peterson, Listing Office: Dover Birch & Associates
Is Eastside, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$111,250
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$18,750(-14.4%)
Key Takeaway
Homes in Eastside have sold for 14.4% less than they did a year ago.
Summary: The median home sold price in Eastside was $111,250 in November 2024, down 14.4% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $87K | $132.3K | +52.1% |
| 3 Bedrooms | $147K | $107K | -27.2% |
| 4 Bedrooms | $139K | $112.5K | -19.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Eastside 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 52.1%, 3 bedroom homes decreased by 27.2%, 4 bedroom homes decreased by 19.1%, and 5+ bedroom homes did not change.
Housing Supply in Eastside, MI
How many homes are available in Eastside, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Eastside real estate market had 15 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Eastside 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 remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 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 Eastside, 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 Eastside in November 2024, the same as the previous 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 Eastside, MI
How long does it take to sell a home in Eastside, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 30 Days | +227.9% |
Summary: Homes in Eastside had an average of 30 days on market in Nov 2024, up by 227.9% 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
Key Takeaway
Many homes in Eastside are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Eastside; 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.
