Housing Prices in Erie Township, MI
How much do homes in Erie Township, MI cost?
Median List Price
$175,000
$134/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Erie Township has decreased by 8.5% since last year.
Summary: The median home list price in Erie Township was $175,000 in May 2024, down 8.5% from the previous year, and the median price per square foot was $134.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $39.9K | $157.4K | +294.5% |
| 2 Bedrooms | $142.4K | $137.4K | -3.5% |
| 3 Bedrooms | $194.5K | $199.9K | +2.8% |
| 4 Bedrooms | $252.4K | $210K | -16.8% |
| 5+ Bedrooms | $181.7K | - | N/A |
Summary: Erie Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 294.5%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Luna Pier | $164K | $165K | +0.6% |
| Temperance | $249.9K | $249.9K | 0.0% |
| Washington Township | $174.9K | $169.9K | -2.9% |
| Erie | $192.5K | $179.9K | -6.5% |
| Erie Township | $191.2K | $175K | -8.5% |
Housing Supply in Erie Township, MI
How many homes are available in Erie Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Summary: The Erie Township real estate market had 12 homes for sale in May 2024, a 71.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 0 | 3 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Erie Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Erie Township, MI
How long does it take to sell a home in Erie Township, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 83 Days | 47 Days | -43.6% |
Summary: Homes in Erie Township had an average listing age of 47 days in May 2024, down by 43.6% compared to the previous year.
