Backup offers
$1,841 Closing Credit¹
#286075, Zachary Soderberg, Listing Office: Five Star Real Estate - Potterville
Carmel Township Housing Market Report January 2025•Eaton County, Michigan
Housing Prices in Carmel Township, MI
How much do homes in Carmel Township, MI cost?
Housing Market Conditions
Is Carmel Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Carmel Township is a Seller's Market
Difference Since January 2024
Since last year, Carmel Township has remained a Seller's Market.
Insight
Carmel Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$245,000$142/SqFt
-$5,900
-2.4%
Based on all homes sold in the last 12 months
Insight
Homes in Carmel Township have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Carmel Township was $245,000 in January 2025, down 2.4% from last year, and the median price per square foot was $142.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Eaton Township | $245K | $302.5K | +23.5% |
| Charlotte | $185K | $220K | +18.9% |
| Carmel Township | $250.9K | $245K | -2.4% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $72.5K | N/A |
| 22 Bedrooms | $110K | $213K | +93.6% |
| 33 Bedrooms | $265.4K | $242K | -8.8% |
| 44 Bedrooms | $335K | $309.9K | -7.5% |
| 55+ Bedrooms | - | $324.2K | N/A |
Summary: Carmel Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +93.6%. The home price for 3 bedroom homes decreased by -8.8%. The home price for 4 bedroom homes decreased by -7.5%. The home price for 5 bedroom homes did not change.
Housing supply in Carmel Township, MI
How many homes are available in Carmel Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthJan 2025 | ||
| 102 months agoDec 2024 | -20.0 % Change MoMDec – Jan |
Summary: The Carmel Township real estate market had 8 homes for sale in Jan 2025, a 20.0 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthJan 2025 | ||
| 32 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 0 | -100.0% |
| 33 Bedrooms | 4 | 5 | +25.0% |
| 44 Bedrooms | 4 | 3 | -25.0% |
| 55+ Bedrooms | 1 | 0 | -100.0% |
Summary: Carmel Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes decreased by -100.0%.
Asking Price vs. Sold Price
How much do homes in Carmel Township, MI cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Carmel Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Carmel Township in January 2025, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.
Days on Market for Carmel Township, MI
How long does it take to sell a home in Carmel Township, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Carmel Township has remained consistent over time.
Summary: During January 2025, 3 homes were sold in Carmel Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 31 DaysThis YearJan 2025 | ||
| 84 Days1 year agoJan 2024 | -62.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Carmel Township had an average listing age of 31 days in Jan 2025, down by 62.7% compared to the previous year.
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Newest Listings in Carmel Township, MI
What homes are available in Carmel Township, MI?
$4,511 Closing Credit¹
#285566, Tracy Snyder, Listing Office: Impact Real Estate
Backup offers
#284149, Ryan Halsey, Listing Office: Exit Great Lakes Realty
$8,313 Closing Credit¹
#283627, Cheri Hendershot, Listing Office: Century 21 Affiliated
$3,977 Closing Credit¹
#283396, Eric Crandall, Listing Office: WEICHERT, REALTORS- Emerald Properties
Video tour
#283335, Brock Fletcher, Listing Office: Keller Williams Realty Lansing-East
#274655, David R Montgomery, Listing Office: WEICHERT, REALTORS- Emerald Properties
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MLS Disclaimers and Copyright
Based on information from Greater Lansing MLS, for the period 02/01/2023 - 02/01/2025
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.Copyright © 2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.