Housing Prices in Beaver Island, MI
How much do homes in Beaver Island, MI cost?
Median List Price
$430,000
$259/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Beaver Island has increased by 8.9% since last year.
Summary: The median home list price in Beaver Island was $430,000 in April 2024, up 8.9% from the previous year, and the median price per square foot was $259.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $235K | N/A |
| 2 Bedrooms | $262.5K | $438.4K | +67.0% |
| 3 Bedrooms | $365K | $430K | +17.8% |
| 4 Bedrooms | $419K | $447K | +6.7% |
| 5+ Bedrooms | - | $750K | N/A |
Summary: Beaver Island housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 67%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Beaver Island | $395K | $430K | +8.9% |
| Saint James Township | $382.5K | $290K | -24.2% |
Housing Supply in Beaver Island, MI
How many homes are available in Beaver Island, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Summary: The Beaver Island real estate market had 4 homes for sale in April 2024, a 100.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Beaver Island 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Days on Market for Beaver Island, MI
How long does it take to sell a home in Beaver Island, MI?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 235 Days | 33 Days | -85.6% |
Summary: Homes in Beaver Island had an average listing age of 33 days in Apr 2024, down by 85.6% compared to the previous year.
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