$831 Closing Credit*
$70,000
1,120 SqFt
3 Beds
•1 Full Bath
Noah Jackson, Listing Office: SimpliHom
Is Upper East, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$51/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$8,625(+16.8%)
Key Takeaway
Homes in Upper East have sold for 16.8% more than they did a year ago.
Summary: The median home sold price in Upper East was $60,000 in December 2024, up 16.8% from last year, and the median price per square foot was $51.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $4K | N/A |
| 2 Bedrooms | $35K | $45K | +28.6% |
| 3 Bedrooms | $51.6K | $61.9K | +19.9% |
| 4 Bedrooms | $65K | $72.5K | +11.5% |
| 5+ Bedrooms | $69K | $80K | +15.9% |
Summary: Upper East housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 19.9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 15.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Mount Olivet | $49.9K | $65K | +30.1% |
| Upper East | $51.3K | $60K | +16.8% |
| Von Steuben | $50.5K | $58.5K | +15.8% |
| Burbank | $50K | $55K | +10.0% |
| Mohican Regent | $84.7K | $80K | -5.6% |
Housing Supply in Upper East, MI
How many homes are available in Upper East, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 430 | 454 | +5.6% |
Summary: The Upper East real estate market had 454 homes for sale in December 2024, a 5.6% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 71 | 79 | +11.3% |
| 3 Bedrooms | 304 | 319 | +4.9% |
| 4 Bedrooms | 47 | 47 | 0.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Upper East housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 69 | 55 | -20.3% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 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. 70.9% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in Upper East in December 2024, down by 20.3% month-over-month. Of the 55 sold homes, 71% were sold under asking, 15% were sold at asking, and 15% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 51 Days | 57 Days | +11.5% |
Summary: Homes in Upper East had an average of 57 days on market in Dec 2024, up by 11.5% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
5 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 December 2024, 55 homes were sold in Upper East; 51% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 9% 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.