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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eagle Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Eagle Township has remained a Seller's Market.

Key Takeaway

Eagle Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Eagle Township, MI

How much do homes in Eagle Township, MI cost?

Median Sold Price

$355,000

$197/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$75,152(-17.5%)

Key Takeaway

Homes in Eagle Township have sold for 17.5% less than they did a month ago.

Summary: The median home sold price in Eagle Township was $355,000 in April 2024, down 17.5% from last month, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $202.2K-
N/A
3 -$282.5K
N/A
4 $613.6K-
N/A
5+ -$584.8K
N/A

Summary: Eagle Township housing prices by bedroom type for April 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

Eagle
+2.9%
Eagle Township
-17.5%

Housing Supply in Eagle Township, MI

How many homes are available in Eagle Township, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
910+11.1%

Summary: The Eagle Township real estate market had 10 homes for sale in April 2024, a 11.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 34
+33.3%
4 34
+33.3%
5+ 01
+100.0%

Summary: The Eagle Township 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 decreased by 66.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eagle Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Eagle Township in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Eagle Township, MI

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

Average Sale Time

Mar 2024Apr 2024CHANGE
2 Days1 Day-55.6%

Summary: Homes in Eagle Township had an average of 1 days on market in Apr 2024, down by 55.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Eagle Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Eagle Township, MI

Nearby Markets to Eagle Township, MI

What housing markets are near Eagle Township, MI?