$1,709 Closing Credit*
$143,950
1,900 SqFt
3 Beds
•2 Full Baths
#50163424, TAMMY GARLING, Listing Office: KEY REALTY DELTA COUNTY LLC
Is Escanaba Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Escanaba Township has remained a Seller's Market.
Key Takeaway
Escanaba Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Escanaba Township, MI
How much do homes in Escanaba Township, MI cost?
Median Sold Price
$149,000
$93/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$5,255(-3.4%)
Key Takeaway
Homes in Escanaba Township have sold for 3.4% less than they did a month ago.
Summary: The median home sold price in Escanaba Township was $149,000 in November 2024, down 3.4% from last month, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | - | N/A |
| 2 Bedrooms | $173.1K | $160K | -7.6% |
| 3 Bedrooms | $178K | $148K | -16.9% |
| 4 Bedrooms | $244K | $160.7K | -34.1% |
| 5+ Bedrooms | $115K | $87.5K | -23.9% |
Summary: Escanaba Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.6%, 3 bedroom homes decreased by 16.9%, 4 bedroom homes decreased by 34.1%, and 5+ bedroom homes decreased by 23.9%.
Median Sold Price Compared To Nearby Cities
| Escanaba Township | $154.2K | $149K | -3.4% |
| Gladstone | $175.2K | $160K | -8.7% |
| Wells Township | $304.4K | $117.2K | -61.5% |
Housing Supply in Escanaba Township, MI
How many homes are available in Escanaba Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 60 | -4.8% |
Summary: The Escanaba Township real estate market had 60 homes for sale in November 2024, a 4.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Escanaba 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 increased by 9.1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Escanaba Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Escanaba Township in November 2024, up by 5.9% month-over-month. Of the 18 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Escanaba Township, MI
How long does it take to sell a home in Escanaba Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 17 Days | -56.7% |
Summary: Homes in Escanaba Township had an average of 17 days on market in Nov 2024, down by 56.7% compared to last month.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Escanaba Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in Escanaba Township; 78% of homes were sold within 30 days, 22% 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.