Housing Prices in Elba Township, MI
How much do homes in Elba Township, MI cost?
Median List Price
$144,900
$114/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Elba Township has decreased by 9.4% since last year.
Summary: The median home list price in Elba Township was $144,900 in May 2024, down 9.4% from the previous year, and the median price per square foot was $114.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $149.9K | N/A |
| 3 Bedrooms | $149.9K | $139.9K | -6.7% |
| 4 Bedrooms | $159.9K | $274.9K | +71.9% |
| 5+ Bedrooms | $250K | - | N/A |
Summary: Elba Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 71.9%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Chapin Township | $179.9K | $194.9K | +8.3% |
| Hamilton Township | $345K | $349.9K | +1.4% |
| Elba Township | $159.9K | $144.9K | -9.4% |
| Bannister | $184.7K | $159.9K | -13.4% |
Housing Supply in Elba Township, MI
How many homes are available in Elba Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Elba Township real estate market had 2 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Elba Township housing inventory by bedroom type for May 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 remained the same, and 5+ bedroom homes remained the same.
Days on Market for Elba Township, MI
How long does it take to sell a home in Elba Township, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 80 Days | 32 Days | -59.5% |
Summary: Homes in Elba Township had an average listing age of 32 days in May 2024, down by 59.5% compared to the previous year.
