Is Evart Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evart Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Evart Township has remained a Buyer's Market.

Key Takeaway

Evart Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Evart Township, MI

How much do homes in Evart Township, MI cost?

Median Sold Price

$88,000

$58/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$62,000(-41.3%)

Key Takeaway

Homes in Evart Township have sold for 41.3% less than they did a month ago.

Summary: The median home sold price in Evart Township was $88,000 in February 2024, down 41.3% from last month, and the median price per square foot was $58.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $150K$126.5K
-15.7%
3 -$49.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Evart Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Evart Township
-41.3%
Evart
-41.3%

Housing Supply in Evart Township, MI

How many homes are available in Evart Township, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2223+4.5%

Summary: The Evart Township real estate market had 23 homes for sale in February 2024, a 4.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 77
0.0%
3 77
0.0%
4 78
+14.3%
5+ 11
0.0%

Summary: The Evart Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evart Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Evart Township in February 2024, up by 100.0% 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 Evart Township, MI

How long does it take to sell a home in Evart Township, MI?

Average Sale Time

Jan 2024Feb 2024CHANGE
14 Days70 Days+403.6%

Summary: Homes in Evart Township had an average of 70 days on market in Feb 2024, up by 403.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Evart Township has remained consistent over time.

Summary: During February 2024, 2 homes were sold in Evart Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 27 Days Ago

Newest Listings in Evart Township, MI

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