Is Eagle Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eagle Township is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Eagle Township was a Neutral Market.

Key Takeaway

Eagle Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Eagle Township, MI

How much do homes in Eagle Township, MI cost?

Median Sold Price

$310,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$15,000(-4.6%)

Key Takeaway

Homes in Eagle Township have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in Eagle Township was $310,000 in March 2024, down 4.6% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $195K$318.5K
+63.3%
3 $317.2K$258.5K
-18.5%
4 $362.5K$470K
+29.7%
5+ $309K$655K
+112.0%

Summary: Eagle Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 63.3%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes increased by 29.7%, and 5+ bedroom homes increased by 112%.

Median Sold Price Compared To Nearby Cities

Watertown Charter Township
+10.0%
Grand Ledge
-0.4%
Eagle Township
-4.6%

Housing Supply in Eagle Township, MI

How many homes are available in Eagle Township, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
59+80.0%

Summary: The Eagle Township real estate market had 9 homes for sale in March 2024, a 80.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 03
+100.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Eagle 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 increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eagle Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Eagle Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Eagle Township, MI

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Eagle Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Eagle Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Eagle Township, MI

Nearby Markets to Eagle Township, MI

What housing markets are near Eagle Township, MI?