Is Boyne Valley Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Boyne Valley Township was a Seller's Market.
Key Takeaway
Boyne Valley Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Boyne Valley Township, MI
How much do homes in Boyne Valley Township, MI cost?
Median Sold Price
$212,500
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Boyne Valley Township have sold for 21.6% less than they did a year ago.
Summary: The median home sold price in Boyne Valley Township was $212,500 in March 2024, down 21.6% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $124.5K | -28.9% |
| 2 Bedrooms | $268K | $89.2K | -66.7% |
| 3 Bedrooms | $297.5K | $315.5K | +6.1% |
| 4 Bedrooms | $315K | $835K | +165.1% |
| 5+ Bedrooms | $1.1M | - | N/A |
Summary: Boyne Valley Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.9%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 165.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Boyne City | $297.5K | $388.4K | +30.5% |
| Boyne Valley Township | $271K | $212.5K | -21.6% |
| Boyne Falls | $315K | $210K | -33.3% |
Housing Supply in Boyne Valley Township, MI
How many homes are available in Boyne Valley Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The Boyne Valley Township real estate market had 6 homes for sale in March 2024, a 20.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Boyne Valley Township housing inventory by bedroom type for March 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 increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boyne Valley Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Boyne Valley Township in March 2024, up by 100.0% 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 Valley Township, MI
We’re sorry, we don't have information for this market at the moment
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