$1,544 Closing Credit*
$130,000
1,204 SqFt
2 Beds
•2 Full Baths
#50161083, JENNAFER TIPTON, Listing Office: MODERN REALTY
Is Edenville 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, Edenville Township was a Seller's Market.
Key Takeaway
Edenville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Edenville Township, MI
How much do homes in Edenville Township, MI cost?
Median Sold Price
$186,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$80,000(-30.1%)
Key Takeaway
Homes in Edenville Township have sold for 30.1% less than they did a year ago.
Summary: The median home sold price in Edenville Township was $186,000 in October 2024, down 30.1% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | - | N/A |
| 2 Bedrooms | $123.7K | $100K | -19.2% |
| 3 Bedrooms | $140.2K | $184K | +31.2% |
| 4 Bedrooms | $370K | $318.7K | -13.9% |
| 5+ Bedrooms | $232K | $450K | +94.0% |
Summary: Edenville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.2%, 3 bedroom homes increased by 31.2%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes increased by 94%.
Median Sold Price Compared To Nearby Cities
| Tobacco Township | $170K | $227.5K | +33.8% |
| Jerome Township | $220K | $223K | +1.4% |
| Edenville Township | $266K | $186K | -30.1% |
Housing Supply in Edenville Township, MI
How many homes are available in Edenville Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Edenville Township real estate market had 10 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Edenville Township 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edenville Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Edenville Township in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Edenville Township, MI
How long does it take to sell a home in Edenville Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 46 Days | +1.1% |
Summary: Homes in Edenville Township had an average of 46 days on market in Oct 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Edenville Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Edenville Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.