Is Ellsworth Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Ellsworth Township has remained a Seller's Market.
Housing Prices in Ellsworth Township, MI
How much do homes in Ellsworth Township, MI cost?
Median Sold Price
$377,500
$321/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Ellsworth Township was $377,500 in March 2024, down 43.9% from last month, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $37K | $230K | +521.6% |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $525K | N/A |
4 Bedrooms | $748.7K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Ellsworth Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes increased by 521.6%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Ellsworth Township, MI
How many homes are available in Ellsworth Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Summary: The Ellsworth Township real estate market had 8 homes for sale in March 2024, a 27.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ellsworth Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Ellsworth Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ellsworth Township, MI
How long does it take to sell a home in Ellsworth Township, MI?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
95 Days | 188 Days | +97.9% |
Summary: Homes in Ellsworth Township had an average of 188 days on market in Mar 2024, up by 97.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Ellsworth Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.