$309 Closing Credit*
$26,000
840 SqFt
3 Beds
•1 Full Bath
LaKeita Mitchell, Listing Office: EXP Realty LLC
Is Upper East, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Upper East was a Seller's Market.
Key Takeaway
Upper East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Upper East, MI
How much do homes in Upper East, MI cost?
Median Sold Price
$60,000
$50/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,900(+19.8%)
Key Takeaway
Homes in Upper East have sold for 19.8% more than they did a year ago.
Summary: The median home sold price in Upper East was $60,000 in November 2024, up 19.8% from last year, and the median price per square foot was $50.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $4K | N/A |
| 2 Bedrooms | $34K | $42.5K | +25.0% |
| 3 Bedrooms | $50.1K | $61K | +21.7% |
| 4 Bedrooms | $65K | $77.9K | +19.8% |
| 5+ Bedrooms | $69K | $92K | +33.3% |
Summary: Upper East 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 25%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Mount Olivet | $49K | $63.5K | +29.6% |
| Von Steuben | $50.5K | $63K | +24.8% |
| Upper East | $50.1K | $60K | +19.8% |
| Burbank | $50.1K | $50K | -0.2% |
Housing Supply in Upper East, MI
How many homes are available in Upper East, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 465 | 481 | +3.4% |
Summary: The Upper East real estate market had 481 homes for sale in November 2024, a 3.4% increase 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 | 76 | 81 | +6.6% |
| 3 Bedrooms | 334 | 344 | +3.0% |
| 4 Bedrooms | 43 | 46 | +7.0% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Upper East 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 6.6%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 57 | -14.9% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper East, you may be able to get a good deal. 77.2% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in Upper East in November 2024, down by 14.9% month-over-month. Of the 57 sold homes, 77% were sold under asking, 16% were sold at asking, and 7% were sold over asking.
Days on Market for Upper East, MI
How long does it take to sell a home in Upper East, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 71 Days | +40.8% |
Summary: Homes in Upper East had an average of 71 days on market in Nov 2024, up by 40.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper East are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 57 homes were sold in Upper East; 37% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 28% 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. 
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Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.