$24,900
1.50 Acres
Land
Connie Faye Boyd, Listing Office: Dreams Realty Investments LLC
Is Evart, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Evart was a Neutral Market.
Key Takeaway
Evart is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Evart, MI
How much do homes in Evart, MI cost?
Median Sold Price
$178,395
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,945(+6.5%)
Key Takeaway
Homes in Evart have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Evart was $178,395 in October 2024, up 6.5% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112K | $120K | +7.1% |
| 2 Bedrooms | $177.5K | $155K | -12.7% |
| 3 Bedrooms | $148K | $195K | +31.8% |
| 4 Bedrooms | $180K | $150K | -16.7% |
| 5+ Bedrooms | - | $237.5K | N/A |
Summary: Evart housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 31.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Evart | $167.4K | $178.3K | +6.5% |
| Evart Township | $167.4K | $178.3K | +6.5% |
Housing Supply in Evart, MI
How many homes are available in Evart, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 58 | -3.3% |
Summary: The Evart real estate market had 58 homes for sale in October 2024, a 3.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 24 | 21 | -12.5% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Evart housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Evart, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Evart in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for Evart, MI
How long does it take to sell a home in Evart, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 97 Days | +171.5% |
Summary: Homes in Evart had an average of 97 days on market in Oct 2024, up by 171.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Evart has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Evart; 13% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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