Deborah Alexander, Listing Office: Alexander North Properties
Bellaire Housing Market Report December 2024•Antrim County, Michigan
Housing Prices in Bellaire, MI
How much do homes in Bellaire, MI cost?
Housing Market Conditions
Is Bellaire, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Bellaire is a Neutral Market
Difference Since December 2023
At the same time last year, Bellaire was a Seller's Market.
Bellaire is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Bellaire have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Bellaire was $315,000 in December 2024, up 3.3% from last year, and the median price per square foot was $217.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $105K | $141.7K | +35.0% |
22 Bedrooms | $243K | $250K | +2.9% |
33 Bedrooms | $301.5K | $360K | +19.4% |
44 Bedrooms | $390K | $475K | +21.8% |
55+ Bedrooms | $739.7K | $1.3M | +86.8% |
Summary: Bellaire housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +35.0%. The home price for 2 bedroom homes increased by +2.9%. The home price for 3 bedroom homes increased by +19.4%. The home price for 4 bedroom homes increased by +21.8%. The home price for 5 bedroom homes increased by +86.8%.
Housing supply in Bellaire, MI
How many homes are available in Bellaire, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
71Last MonthDec 2024 | ||
832 months agoNov 2024 | -14.5 % Change MoMNov – Dec |
Summary: The Bellaire real estate market had 71 homes for sale in Dec 2024, a 14.5 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
11Last MonthDec 2024 | ||
132 months agoNov 2024 | -15.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 9 | 7 | -22.2% |
22 Bedrooms | 22 | 18 | -18.2% |
33 Bedrooms | 36 | 29 | -19.4% |
44 Bedrooms | 12 | 13 | +8.3% |
55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Bellaire housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -22.2%. The inventory for 2 bedroom homes decreased by -18.2%. The inventory for 3 bedroom homes decreased by -19.4%. The inventory for 4 bedroom homes increased by +8.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Bellaire, MI cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price9 Homes
If you're buying a home in Bellaire, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Bellaire in December 2024, down by 15.4% month-over-month. Of the 11 sold homes, 82% were sold under asking, 0% were sold at asking, and and 18% were sold over asking.
Days on Market for Bellaire, MI
How long does it take to sell a home in Bellaire, MI?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days5 Homes
Over 90 Days2 Homes
Avg time on Rocket Homes in Bellaire has remained consistent over time.
Summary: During December 2024, 11 homes were sold in Bellaire; 0% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
81 DaysThis YearDec 2024 | ||
62 Days1 year agoDec 2023 | +31.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Bellaire had an average listing age of 81 days in Dec 2024, up by 31.8% compared to the previous year.
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Newest Listings in Bellaire, MI
What homes are available in Bellaire, MI?
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MLS Disclaimers and Copyright
Based on information from Northern Great Lakes Realtors MLS, RealComp II Ltd., and Northern Michigan MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 1:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.