Is Eaton County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Eaton County has remained a Seller's Market.
Housing Prices in Eaton County, MI
How much do homes in Eaton County, MI cost?
Median Sold Price
$234,921
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Eaton County was $234,921 in March 2024, up 11.8% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | $97.5K | +39.3% |
2 Bedrooms | $150K | $168K | +12.0% |
3 Bedrooms | $203K | $230K | +13.3% |
4 Bedrooms | $275K | $289.5K | +5.3% |
5+ Bedrooms | $353K | $371.6K | +5.3% |
Summary: Eaton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.3%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Counties
Ionia County | $195K | $219K | +12.3% |
Eaton County | $210.1K | $234.9K | +11.8% |
Clinton County | $216.6K | $226.1K | +4.4% |
Ingham County | $184K | $189.9K | +3.2% |
Housing Supply in Eaton County, MI
How many homes are available in Eaton County, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
248 | 259 | +4.4% |
Summary: The Eaton County real estate market had 259 homes for sale in March 2024, a 4.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 38 | 40 | +5.3% |
3 Bedrooms | 120 | 118 | -1.7% |
4 Bedrooms | 63 | 75 | +19.0% |
5+ Bedrooms | 23 | 22 | -4.3% |
Summary: The Eaton County 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 increased by 5.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 4.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
64 | 71 | +10.9% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Summary: A total of 71 homes were sold or pending in Eaton County in March 2024, up by 10.9% month-over-month. Of the 71 sold homes, 32% were sold under asking, 18% were sold at asking, and 49% were sold over asking.
Days on Market for Eaton County, MI
How long does it take to sell a home in Eaton County, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 20 Days | -43.8% |
Summary: Homes in Eaton County had an average of 20 days on market in Mar 2024, down by 43.8% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 71 homes were sold in Eaton County; 77% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.