Is Eaton County, 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, Eaton County has remained a Seller's Market.
Housing Prices in Eaton County, MI
How much do homes in Eaton County, MI cost?
Median Sold Price
$239,618
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Eaton County was $239,618 in April 2024, up 14.2% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $82.4K | $79.9K | -3.0% |
2 Bedrooms | $150.5K | $170K | +13.0% |
3 Bedrooms | $203.2K | $234.7K | +15.5% |
4 Bedrooms | $274.8K | $294K | +7.0% |
5+ Bedrooms | $333K | $375K | +12.6% |
Summary: Eaton County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 12.6%.
Median Sold Price Compared To Nearby Counties
Eaton County | $209.7K | $239.6K | +14.2% |
Ionia County | $195K | $220.2K | +12.9% |
Clinton County | $216.4K | $226.7K | +4.7% |
Ingham County | $184.8K | $190.6K | +3.1% |
Housing Supply in Eaton County, MI
How many homes are available in Eaton County, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
261 | 291 | +11.5% |
Summary: The Eaton County real estate market had 291 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 41 | 47 | +14.6% |
3 Bedrooms | 119 | 147 | +23.5% |
4 Bedrooms | 73 | 71 | -2.7% |
5+ Bedrooms | 24 | 22 | -8.3% |
Summary: The Eaton County 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 14.6%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 81 | -3.6% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Summary: A total of 81 homes were sold or pending in Eaton County in April 2024, down by 3.6% month-over-month. Of the 81 sold homes, 31% were sold under asking, 21% were sold at asking, and 48% were sold over asking.
Days on Market for Eaton County, MI
How long does it take to sell a home in Eaton County, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 20 Days | -43.1% |
Summary: Homes in Eaton County had an average of 20 days on market in Apr 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 81 homes were sold in Eaton County; 81% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.