Housing Prices in Eastlake, MI
How much do homes in Eastlake, MI cost?
Median List Price
$194,450
$142/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Eastlake has increased by 86.1% since last year.
Summary: The median home list price in Eastlake was $194,450 in May 2024, up 86.1% from the previous year, and the median price per square foot was $142.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.2K | - | N/A |
| 2 Bedrooms | $40K | $169K | +322.5% |
| 3 Bedrooms | $192K | $229.9K | +19.7% |
| 4 Bedrooms | $104.4K | $135.9K | +30.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Eastlake 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 322.5%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 30.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Eastlake | $104.4K | $194.4K | +86.1% |
| Manistee Township | $229.2K | $245K | +6.9% |
Housing Supply in Eastlake, MI
How many homes are available in Eastlake, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Eastlake real estate market had 1 homes for sale in May 2024, a 50.0% decrease 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 0 | -100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Eastlake 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 decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Eastlake, MI
How long does it take to sell a home in Eastlake, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 96 Days | 11 Days | -88.6% |
Summary: Homes in Eastlake had an average listing age of 11 days in May 2024, down by 88.6% compared to the previous year.
