Housing Prices in Empire Township, MI
How much do homes in Empire Township, MI cost?
Median List Price
$679,000
$295/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Empire Township has decreased by 11.2% since last year.
Summary: The median home list price in Empire Township was $679,000 in March 2024, down 11.2% from the previous year, and the median price per square foot was $295.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $935K | $675K | -27.8% |
| 3 Bedrooms | $580K | $574.5K | -0.9% |
| 4 Bedrooms | $1.3M | $769.9K | -44.1% |
| 5+ Bedrooms | $4.9M | $2.4M | -50.5% |
Summary: Empire 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 decreased by 27.8%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 44.1%, and 5+ bedroom homes decreased by 50.5%.
Median List Price Compared To Nearby Cities
| Glen Arbor | $764.5K | $949.5K | +24.2% |
| Empire Township | $765K | $679K | -11.2% |
| Empire | $935K | $624.4K | -33.2% |
Housing Supply in Empire Township, MI
How many homes are available in Empire Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Summary: The Empire Township real estate market had 8 homes for sale in March 2024, a 60.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Empire 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Empire Township, MI
How long does it take to sell a home in Empire Township, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 182 Days | 95 Days | -47.7% |
Summary: Homes in Empire Township had an average listing age of 95 days in Mar 2024, down by 47.7% compared to the previous year.
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