$333 Closing Credit*
$28,000
924 SqFt
2 Beds
•2 Full Baths
Gaylon Koutz, Listing Office: FIVE STAR REAL ESTATE - MT. PLEASANT
Is Edmore, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Edmore was a Seller's Market.
Key Takeaway
Edmore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Edmore, MI
How much do homes in Edmore, MI cost?
Median Sold Price
$180,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$19,000(+11.8%)
Key Takeaway
Homes in Edmore have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Edmore was $180,000 in December 2024, up 11.8% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $145K | N/A |
| 2 Bedrooms | $120K | $176K | +46.7% |
| 3 Bedrooms | $180K | $177.5K | -1.4% |
| 4 Bedrooms | $136.7K | $185K | +35.3% |
| 5+ Bedrooms | $215K | $285K | +32.6% |
Summary: Edmore housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.7%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 32.6%.
Median Sold Price Compared To Nearby Cities
| Home Township | $147.5K | $175K | +18.6% |
| Edmore | $161K | $180K | +11.8% |
Housing Supply in Edmore, MI
How many homes are available in Edmore, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Summary: The Edmore real estate market had 14 homes for sale in December 2024, a 22.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Edmore housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Edmore, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Edmore in December 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 19 Days | 13 Days | -31.6% |
Summary: Homes in Edmore had an average of 13 days on market in Dec 2024, down by 31.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Edmore are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Edmore; 100% of homes were sold within 30 days, 0% 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.