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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evergreen Township is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Evergreen Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Evergreen Township, MI

How much do homes in Evergreen Township, MI cost?

Median Sold Price

$200,200

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$34,800(-14.8%)

Key Takeaway

Homes in Evergreen Township have sold for 14.8% less than they did a year ago.

Summary: The median home sold price in Evergreen Township was $200,200 in November 2024, down 14.8% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$89.9K
N/A
2 $194.9K$159.4K
-18.2%
3 $197.5K$210K
+6.3%
4 $220K$300K
+36.4%
5+ $300K$335K
+11.7%

Summary: Evergreen 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 decreased by 18.2%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 11.7%.

Median Sold Price Compared To Nearby Cities

Stanton
+1.3%
Sheridan
-12.6%
Evergreen Township
-14.8%

Housing Supply in Evergreen Township, MI

How many homes are available in Evergreen Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
14140.0%

Summary: The Evergreen Township real estate market had 14 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 108
-20.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Evergreen 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 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evergreen Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Evergreen Township in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Evergreen Township, MI

How long does it take to sell a home in Evergreen Township, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
69 Days5 Days-92.8%

Summary: Homes in Evergreen Township had an average of 5 days on market in Nov 2024, down by 92.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Evergreen Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Evergreen Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in Evergreen Township, MI

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