Is Stevensville, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Stevensville has remained a Seller's Market.
Housing Prices in Stevensville, MI
How much do homes in Stevensville, MI cost?
Median Sold Price
$339,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stevensville was $339,000 in April 2024, up 25.6% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $158K | $368.5K | +133.2% |
2 Bedrooms | $169K | $262K | +55.0% |
3 Bedrooms | $250K | $293.5K | +17.4% |
4 Bedrooms | $365K | $445K | +21.9% |
5+ Bedrooms | $507K | $630.5K | +24.4% |
Summary: Stevensville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 133.2%, 2 bedroom homes increased by 55%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes increased by 24.4%.
Median Sold Price Compared To Nearby Cities
Stevensville | $270K | $339K | +25.6% |
Lincoln Charter Township | $333.3K | $339K | +1.7% |
Housing Supply in Stevensville, MI
How many homes are available in Stevensville, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 47 | +30.6% |
Summary: The Stevensville real estate market had 47 homes for sale in April 2024, a 30.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 16 | 21 | +31.3% |
5+ Bedrooms | 4 | 12 | +200.0% |
Summary: The Stevensville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Stevensville in April 2024, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Stevensville, MI
How long does it take to sell a home in Stevensville, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 58 Days | +107.7% |
Summary: Homes in Stevensville had an average of 58 days on market in Apr 2024, up by 107.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Stevensville; 13% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.