$1,781 Closing Credit*
$150,000
1,560 SqFt
3 Beds
•2 Full Baths
Denise DeVries, Listing Office: Gateway Brokerage, LLC
Is Edmore, 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, Edmore has remained a Seller's Market.
Key Takeaway
Edmore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Edmore, MI
How much do homes in Edmore, MI cost?
Median Sold Price
$182,500
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,500(+17.7%)
Key Takeaway
Homes in Edmore have sold for 17.7% more than they did a year ago.
Summary: The median home sold price in Edmore was $182,500 in November 2024, up 17.7% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $145K | N/A |
| 2 Bedrooms | $120K | $188.5K | +57.1% |
| 3 Bedrooms | $161K | $180K | +11.8% |
| 4 Bedrooms | $136.7K | $185K | +35.3% |
| 5+ Bedrooms | $215K | $285K | +32.6% |
Summary: Edmore 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 57.1%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 32.6%.
Median Sold Price Compared To Nearby Cities
| Home Township | $137K | $175K | +27.7% |
| Edmore | $155K | $182.5K | +17.7% |
Housing Supply in Edmore, MI
How many homes are available in Edmore, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The Edmore real estate market had 17 homes for sale in November 2024, a 13.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Edmore 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 200%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edmore, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Edmore in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Edmore, MI
How long does it take to sell a home in Edmore, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 90 Days | 79 Days | -11.7% |
Summary: Homes in Edmore had an average of 79 days on market in Nov 2024, down by 11.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Edmore has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Edmore; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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.