Is Eastpointe, MI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Eastpointe is a seller's market


Difference Since March 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



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Eastpointe have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Eastpointe was $150,000 in March 2024, up 7.1% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $26K$29.4K
2 $104K$115K
3 $145K$151K
4 $155.5K$168.2K
5+ $189.9K$178K

Summary: Eastpointe housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 6.3%.

Median Sold Price Compared To Nearby Cities

Saint Clair Shores
Harper Woods

Housing Supply in Eastpointe, MI

How many homes are available in Eastpointe, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Eastpointe real estate market had 107 homes for sale in March 2024, a 20.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
2 1519
3 6176
4 99
5+ 42

Summary: The Eastpointe housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 24.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eastpointe, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Eastpointe in March 2024, down by 14.3% month-over-month. Of the 24 sold homes, 46% were sold under asking, 4% were sold at asking, and 50% 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

Mar 2023Mar 2024CHANGE
75 Days28 Days-62.1%

Summary: Homes in Eastpointe had an average of 28 days on market in Mar 2024, down by 62.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 24 homes were sold in Eastpointe; 54% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 4% 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 12 Days Ago

Newest Listings in Eastpointe, MI

Nearby Markets to Eastpointe, MI

What housing markets are near Eastpointe, MI?