Is Eveline Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eveline Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Eveline Township was a Seller's Market.

Key Takeaway

Eveline Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Eveline Township, MI

How much do homes in Eveline Township, MI cost?

Median Sold Price

$529,000

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$325,500(-38.1%)

Key Takeaway

Homes in Eveline Township have sold for 38.1% less than they did a year ago.

Summary: The median home sold price in Eveline Township was $529,000 in October 2024, down 38.1% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $412.5K$279K
-32.4%
3 $627.5K$597.5K
-4.8%
4 $385K$787.5K
+104.5%
5+ $3.8M$4.2M
+9.1%

Summary: Eveline Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.4%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 104.5%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Cities

Wilson Township
+31.3%
Boyne City
+9.7%
Eveline Township
-38.1%

Housing Supply in Eveline Township, MI

How many homes are available in Eveline Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2421-12.5%

Summary: The Eveline Township real estate market had 21 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 99
0.0%
4 149
-35.7%
5+ 02
+100.0%

Summary: The Eveline Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eveline Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Eveline Township in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Eveline Township, MI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Eveline Township, MI

Nearby Markets to Eveline Township, MI

What housing markets are near Eveline Township, MI?