Is Old Everett, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Old Everett has remained a Seller's Market.
Housing Prices in Old Everett, MI
How much do homes in Old Everett, MI cost?
Median Sold Price
$128,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Old Everett was $128,000 in April 2024, up 13.8% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65.5K | $60K | -8.5% |
2 Bedrooms | $85K | $105K | +23.5% |
3 Bedrooms | $125K | $136.4K | +9.2% |
4 Bedrooms | $140K | $162.8K | +16.3% |
5+ Bedrooms | $135K | - | N/A |
Summary: Old Everett housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Clifford Park | $95K | $123.1K | +29.6% |
Old Everett | $112.5K | $128K | +13.8% |
Southside | $129.5K | $137.1K | +5.9% |
Housing Supply in Old Everett, MI
How many homes are available in Old Everett, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 47 | +4.4% |
Summary: The Old Everett real estate market had 47 homes for sale in April 2024, a 4.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 18 | 20 | +11.1% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Old Everett housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Old Everett in April 2024, the same as the previous month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% were sold over asking.
Days on Market for Old Everett, MI
How long does it take to sell a home in Old Everett, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 35 Days | +51.4% |
Summary: Homes in Old Everett had an average of 35 days on market in Apr 2024, up by 51.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Old Everett; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.