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 neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Evart Township was a Seller's Market.

Key Takeaway

Evart Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Evart Township, MI

How much do homes in Evart Township, MI cost?

Median Sold Price

$179,197

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$9,197(+5.4%)

Key Takeaway

Homes in Evart Township have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Evart Township was $179,197 in September 2024, up 5.4% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $141.2K$140.7K
-0.4%
2 $180K$181.6K
+0.9%
3 $132.5K$195K
+47.2%
4 $180K$142.5K
-20.8%
5+ -$237.5K
N/A

Summary: Evart Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 47.2%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sears
+18.2%
Evart Township
+5.4%
Evart
+5.4%
Orient Township
+3.6%

Housing Supply in Evart Township, MI

How many homes are available in Evart Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4556+24.4%

Summary: The Evart Township real estate market had 56 homes for sale in September 2024, a 24.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 12
+100.0%
2 1515
0.0%
3 1623
+43.8%
4 1010
0.0%
5+ 36
+100.0%

Summary: The Evart Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 43.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 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. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Evart Township in September 2024, up by 80.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% 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

Sep 2023Sep 2024CHANGE
26 Days56 Days+113.0%

Summary: Homes in Evart Township had an average of 56 days on market in Sep 2024, up by 113% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Evart Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 9 homes were sold in Evart Township; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% 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 30 Days Ago

Newest Listings in Evart Township, MI

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