Is Eureka Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Eureka Township was a Seller's Market.
Housing Prices in Eureka Township, MI
How much do homes in Eureka Township, MI cost?
Median Sold Price
$275,900
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Eureka Township was $275,900 in March 2024, down 4.9% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $555K | - | N/A |
2 Bedrooms | $200K | $150K | -25.0% |
3 Bedrooms | $280K | $250K | -10.7% |
4 Bedrooms | $298K | $335K | +12.4% |
5+ Bedrooms | $400K | $501K | +25.3% |
Summary: Eureka 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 25%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 25.3%.
Median Sold Price Compared To Nearby Cities
Montcalm Township | $210K | $275K | +31.0% |
Otisco Township | $215K | $278K | +29.3% |
Greenville | $205K | $245.7K | +19.9% |
Eureka Township | $290K | $275.9K | -4.9% |
Housing Supply in Eureka Township, MI
How many homes are available in Eureka Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Summary: The Eureka Township real estate market had 9 homes for sale in March 2024, a 80.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Eureka 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Eureka Township in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Eureka Township, MI
How long does it take to sell a home in Eureka Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
4 Days | 7 Days | +75.0% |
Summary: Homes in Eureka Township had an average of 7 days on market in Mar 2024, up by 75% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Eureka Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.