Is Evergreen 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, Evergreen Township has remained a Seller's Market.
Key Takeaway
Evergreen Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Evergreen Township, MI
How much do homes in Evergreen Township, MI cost?
Median Sold Price
$212,450
$175/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Evergreen Township have sold for 123.6% more than they did a month ago.
Summary: The median home sold price in Evergreen Township was $212,450 in March 2024, up 123.6% from last month, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $89.9K | N/A |
| 2 Bedrooms | $95K | - | N/A |
| 3 Bedrooms | - | $335K | N/A |
| 4 Bedrooms | $72K | - | N/A |
| 5+ Bedrooms | $335K | - | N/A |
Summary: Evergreen Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 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.
Median Sold Price Compared To Nearby Cities
| Evergreen Township | $95K | $212.4K | +123.6% |
| Crystal | $192K | $305K | +58.9% |
Housing Supply in Evergreen Township, MI
How many homes are available in Evergreen Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Evergreen Township real estate market had 11 homes for sale in March 2024, a 8.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Evergreen 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 decreased by 20%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Evergreen Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Evergreen Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Evergreen Township, MI
How long does it take to sell a home in Evergreen Township, MI?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 78 Days | 60 Days | -23.1% |
Summary: Homes in Evergreen Township had an average of 60 days on market in Mar 2024, down by 23.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Evergreen Township has remained consistent over time.
Summary: During March 2024, 2 homes were sold in Evergreen Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
