$2,730 Closing Credit*
$229,900
1,406 SqFt
4 Beds
•2 Full Baths
Sridevi Godavarthi, Listing Office: My Realty LLC
Is Eastpointe, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Eastpointe has remained a Seller's Market.
Key Takeaway
Eastpointe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastpointe, MI
How much do homes in Eastpointe, MI cost?
Median Sold Price
$159,900
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$18,400(+13.0%)
Key Takeaway
Homes in Eastpointe have sold for 13% more than they did a year ago.
Summary: The median home sold price in Eastpointe was $159,900 in September 2024, up 13% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30.2K | $50K | +65.6% |
| 2 Bedrooms | $94.9K | $115K | +21.2% |
| 3 Bedrooms | $145K | $161K | +11.0% |
| 4 Bedrooms | $159K | $180K | +13.2% |
| 5+ Bedrooms | $201K | $183.9K | -8.5% |
Summary: Eastpointe housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.6%, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Eastpointe | $141.5K | $159.9K | +13.0% |
| Saint Clair Shores | $210K | $234.5K | +11.7% |
| Warren | $173K | $188.6K | +9.0% |
| Roseville | $150K | $162.7K | +8.5% |
| Harper Woods | $137K | $147.5K | +7.7% |
Housing Supply in Eastpointe, MI
How many homes are available in Eastpointe, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 136 | 151 | +11.0% |
Summary: The Eastpointe real estate market had 151 homes for sale in September 2024, a 11.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 21 | 24 | +14.3% |
| 3 Bedrooms | 96 | 108 | +12.5% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Eastpointe housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 32 | 29 | -9.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastpointe, you could pay more than the asking price. 41.4% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Eastpointe in September 2024, down by 9.4% month-over-month. Of the 29 sold homes, 38% were sold under asking, 21% were sold at asking, and 41% were sold over asking.
Days on Market for Eastpointe, MI
How long does it take to sell a home in Eastpointe, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 30 Days | 19 Days | -36.2% |
Summary: Homes in Eastpointe had an average of 19 days on market in Sep 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Eastpointe are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 29 homes were sold in Eastpointe; 83% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.