Is Eureka Township, 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, Eureka Township has remained a Seller's Market.
Housing Prices in Eureka Township, MI
How much do homes in Eureka Township, MI cost?
Median Sold Price
$275,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Eureka Township was $275,000 in April 2024, down 6.1% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $555K | - | N/A |
2 Bedrooms | $200K | $150K | -25.0% |
3 Bedrooms | $280K | $250K | -10.7% |
4 Bedrooms | $298K | $335K | +12.4% |
5+ Bedrooms | $400K | $501K | +25.3% |
Summary: Eureka Township 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 decreased by 25%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 25.3%.
Median Sold Price Compared To Nearby Cities
Montcalm Township | $217.2K | $269K | +23.8% |
Fairplain Township | $200K | $236.3K | +18.2% |
Greenville | $211K | $245K | +16.1% |
Eureka Township | $293K | $275K | -6.1% |
Housing Supply in Eureka Township, MI
How many homes are available in Eureka Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Summary: The Eureka Township real estate market had 14 homes for sale in April 2024, a 55.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Eureka 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 remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 7 | +600.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Eureka Township in April 2024, up by 600.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for Eureka Township, MI
How long does it take to sell a home in Eureka Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
0 Days | 8 Days | +1164.3% |
Summary: Homes in Eureka Township had an average of 8 days on market in Apr 2024, up by 1164.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Eureka 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.