Is Boyne Falls, 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, Boyne Falls was a Seller's Market.
Housing Prices in Boyne Falls, MI
How much do homes in Boyne Falls, MI cost?
Median Sold Price
$196,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Boyne Falls was $196,000 in April 2024, down 34% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $122.2K | -38.9% |
2 Bedrooms | $319K | $139K | -56.4% |
3 Bedrooms | $310K | $335K | +8.1% |
4 Bedrooms | $240K | $489K | +103.8% |
5+ Bedrooms | $735K | - | N/A |
Summary: Boyne Falls housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.9%, 2 bedroom homes decreased by 56.4%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 103.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Boyne Valley Township | $265K | $223.5K | -15.7% |
Boyne Falls | $297K | $196K | -34.0% |
Housing Supply in Boyne Falls, MI
How many homes are available in Boyne Falls, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Summary: The Boyne Falls real estate market had 8 homes for sale in April 2024, a 14.3% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Boyne Falls 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Boyne Falls in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Boyne Falls, MI
We’re sorry, we don't have information for this market at the moment