$37,900
2.50 Acres
Land
George D Merz, Listing Office: Big River Properties
Housing Prices in Elk Township, MI
How much do homes in Elk Township, MI cost?
Median List Price
$229,000
$199/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$11,600(+5.3%)
Key Takeaway
The list price of homes in Elk Township has increased by 5.3% since last year.
Summary: The median home list price in Elk Township was $229,000 in October 2024, up 5.3% from the previous year, and the median price per square foot was $199.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $207.4K | $129.9K | -37.4% |
| 2 Bedrooms | $159.9K | $212.4K | +32.9% |
| 3 Bedrooms | $325K | $295K | -9.2% |
| 4 Bedrooms | $335K | $429.9K | +28.3% |
| 5+ Bedrooms | $650K | $749.9K | +15.4% |
Summary: Elk Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.4%, 2 bedroom homes increased by 32.9%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes increased by 15.4%.
Median List Price Compared To Nearby Cities
| Eden Township | $129K | $189.9K | +47.2% |
| Irons | $157.4K | $194.9K | +23.8% |
| Norman Township | $145K | $165K | +13.8% |
| Elk Township | $217.4K | $229K | +5.3% |
| Sauble Township | $229.9K | $199.9K | -13.0% |
Housing Supply in Elk Township, MI
How many homes are available in Elk Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Elk Township real estate market had 23 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Elk Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Days on Market for Elk Township, MI
How long does it take to sell a home in Elk Township, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 117 Days | 90 Days | -23.1% |
Summary: Homes in Elk Township had an average listing age of 90 days in Oct 2024, down by 23.1% compared to the previous year.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.