Is Bellevue Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bellevue Township has remained a Seller's Market.
Housing Prices in Bellevue Township, MI
How much do homes in Bellevue Township, MI cost?
Median Sold Price
$204,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bellevue Township was $204,000 in May 2024, up 16.6% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $42K | - | N/A |
2 Bedrooms | $157.5K | $159K | +1.0% |
3 Bedrooms | $176.7K | $190K | +7.5% |
4 Bedrooms | $192.5K | $335.5K | +74.3% |
5+ Bedrooms | $206K | $365K | +77.2% |
Summary: Bellevue Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 74.3%, and 5+ bedroom homes increased by 77.2%.
Median Sold Price Compared To Nearby Cities
Carmel Township | $210K | $285.1K | +35.8% |
Kalamo Township | $195K | $260K | +33.3% |
Bellevue Township | $175K | $204K | +16.6% |
Bellevue | $175K | $204K | +16.6% |
Housing Supply in Bellevue Township, MI
How many homes are available in Bellevue Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 23 | +53.3% |
Summary: The Bellevue Township real estate market had 23 homes for sale in May 2024, a 53.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 9 | 13 | +44.4% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bellevue Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Bellevue Township in May 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Bellevue Township, MI
How long does it take to sell a home in Bellevue Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 7 Days | -79.4% |
Summary: Homes in Bellevue Township had an average of 7 days on market in May 2024, down by 79.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Bellevue 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.