$4,749 Closing Credit*
$399,900
1,672 SqFt
3 Beds
•2 Full Baths, 1 Partial
Taressa L Sprick, Rebecca Perkins, Listing Office: HomeRealty Holland
Is Egelston Township, 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, Egelston Township has remained a Seller's Market.
Key Takeaway
Egelston Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Egelston Township, MI
How much do homes in Egelston Township, MI cost?
Median Sold Price
$220,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,500(+10.8%)
Key Takeaway
Homes in Egelston Township have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Egelston Township was $220,000 in November 2024, up 10.8% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $169.9K | +21.4% |
| 3 Bedrooms | $180K | $213.4K | +18.6% |
| 4 Bedrooms | $322.7K | $260K | -19.4% |
| 5+ Bedrooms | $440K | $379.9K | -13.7% |
Summary: Egelston Township 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 21.4%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 13.7%.
Median Sold Price Compared To Nearby Cities
| Cedar Creek Township | $207.9K | $266K | +27.9% |
| Egelston Township | $198.5K | $220K | +10.8% |
| Twin Lake | $270K | $280K | +3.7% |
Housing Supply in Egelston Township, MI
How many homes are available in Egelston Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 41 | -8.9% |
Summary: The Egelston Township real estate market had 41 homes for sale in November 2024, a 8.9% 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 | 8 | 5 | -37.5% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Egelston Township 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 decreased by 37.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Egelston Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Egelston Township in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Egelston Township, MI
How long does it take to sell a home in Egelston Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 40 Days | -15.1% |
Summary: Homes in Egelston Township had an average of 40 days on market in Nov 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Egelston Township has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Egelston Township; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
