Is Eaton County, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eaton County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Eaton County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Eaton County, MI

How much do homes in Eaton County, MI cost?

Median Sold Price

$250,000

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,600(+10.9%)

Key Takeaway

Homes in Eaton County have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Eaton County was $250,000 in October 2024, up 10.9% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $97.7K$105.5K
+7.9%
2 $163.7K$169.4K
+3.5%
3 $224.9K$239.3K
+6.4%
4 $279.4K$313K
+12.0%
5+ $368.4K$325K
-11.8%

Summary: Eaton County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 11.8%.

Median Sold Price Compared To Nearby Counties

Eaton County
+10.9%
Ingham County
+8.0%
Ionia County
+6.7%
Clinton County
+0.8%

Housing Supply in Eaton County, MI

How many homes are available in Eaton County, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
383397+3.7%

Summary: The Eaton County real estate market had 397 homes for sale in October 2024, a 3.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 6063
+5.0%
3 193191
-1.0%
4 102111
+8.8%
5+ 2630
+15.4%

Summary: The Eaton County 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 increased by 5%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
97108+11.3%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eaton County, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.

Summary: A total of 108 homes were sold or pending in Eaton County in October 2024, up by 11.3% month-over-month. Of the 108 sold homes, 44% were sold under asking, 23% were sold at asking, and 33% were sold over asking.

Days on Market for Eaton County, MI

How long does it take to sell a home in Eaton County, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days30 Days+44.2%

Summary: Homes in Eaton County had an average of 30 days on market in Oct 2024, up by 44.2% compared to last year.

Breakdown of Home Sale Times

72 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 108 homes were sold in Eaton County; 67% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 7% 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 23 Days Ago

Newest Listings in Eaton County, MI

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