$2,126 Closing Credit*
$179,000
900 SqFt
2 Beds
•2 Full Baths
Ken Ames, Listing Office: Kidd & Leavy Real Estate Co. LLC
Is Elmira 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, Elmira Township has remained a Seller's Market.
Key Takeaway
Elmira Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elmira Township, MI
How much do homes in Elmira Township, MI cost?
Median Sold Price
$270,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,550(+7.8%)
Key Takeaway
Homes in Elmira Township have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Elmira Township was $270,000 in November 2024, up 7.8% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $275K | +17.0% |
| 3 Bedrooms | $245K | $250K | +2.0% |
| 4 Bedrooms | $300K | $287.5K | -4.2% |
| 5+ Bedrooms | $495K | $665K | +34.3% |
Summary: Elmira 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 17%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 34.3%.
Median Sold Price Compared To Nearby Cities
| Elmira Township | $250.4K | $270K | +7.8% |
| Hudson Township | $162.2K | $171K | +5.4% |
| Elmira | $245K | $250K | +2.0% |
| Livingston Township | $259.9K | $265K | +1.9% |
Housing Supply in Elmira Township, MI
How many homes are available in Elmira Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 23 | -20.7% |
Summary: The Elmira Township real estate market had 23 homes for sale in November 2024, a 20.7% 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 | 7 | 4 | -42.9% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Elmira 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 42.9%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elmira Township, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Elmira Township in November 2024, down by 18.2% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
Days on Market for Elmira Township, MI
We’re sorry, we don't have information for this market at the moment
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