Is Beaverton, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Beaverton was a Neutral Market.
Key Takeaway
Beaverton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beaverton, MI
How much do homes in Beaverton, MI cost?
Median Sold Price
$152,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Beaverton have sold for 38.2% less than they did a year ago.
Summary: The median home sold price in Beaverton was $152,000 in April 2024, down 38.2% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $56K | N/A |
| 2 Bedrooms | $201.3K | $93K | -53.8% |
| 3 Bedrooms | $204.9K | $185K | -9.7% |
| 4 Bedrooms | $460K | $378.7K | -17.7% |
| 5+ Bedrooms | $375K | $485K | +29.3% |
Summary: Beaverton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 53.8%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes increased by 29.3%.
Median Sold Price Compared To Nearby Cities
| Beaverton Township | $210K | $152K | -27.6% |
| Beaverton | $246K | $152K | -38.2% |
Housing Supply in Beaverton, MI
How many homes are available in Beaverton, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 41 | +95.2% |
Summary: The Beaverton real estate market had 41 homes for sale in April 2024, a 95.2% 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 | 5 | 12 | +140.0% |
| 3 Bedrooms | 10 | 22 | +120.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Beaverton 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 increased by 140%, 3 bedroom homes increased by 120%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beaverton, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Beaverton in April 2024, up by 200.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.
Days on Market for Beaverton, MI
How long does it take to sell a home in Beaverton, MI?
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beaverton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Beaverton; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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