Eaton County Housing Market Report December 2024Eaton County, Michigan

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Housing Prices in Eaton County, MI

How much do homes in Eaton County, MI cost?

Housing Market Conditions

Is Eaton County, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Eaton County is a Seller's Market

Difference Since December 2023

Since last year, Eaton County has remained a Seller's Market.

Insight

Eaton County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$251,887$138/SqFt
+$21,936
+9.5%

Based on all homes sold in the last 12 months

Insight

Homes in Eaton County have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Eaton County was $251,887 in December 2024, up 9.5% from last year, and the median price per square foot was $138.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Ingham County
+10.2%
Eaton County
+9.5%
Ionia County
+4.6%
Clinton County
+2.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$97.5K$118.2K
+21.3%
2$164.8K$174K
+5.6%
3$226K$242.3K
+7.2%
4$284K$318.2K
+12.1%
5$380K$322.1K
-15.2%

Summary: Eaton County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +21.3%. The home price for 2 bedroom homes increased by +5.6%. The home price for 3 bedroom homes increased by +7.2%. The home price for 4 bedroom homes increased by +12.1%. The home price for 5 bedroom homes decreased by -15.2%.

Housing supply in Eaton County, MI

How many homes are available in Eaton County, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
313Last MonthDec 2024
3492 months agoNov 2024
-10.3 %
Change MoMNov – Dec

Summary: The Eaton County real estate market had 313 homes for sale in Dec 2024, a 10.3 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
85Last MonthDec 2024
792 months agoNov 2024
+7.6 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
111
0.0%
25349
-7.5%
3175158
-9.7%
49682
-14.6%
52423
-4.2%

Summary: Eaton County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -7.5%. The inventory for 3 bedroom homes decreased by -9.7%. The inventory for 4 bedroom homes decreased by -14.6%. The inventory for 5 bedroom homes decreased by -4.2%.

Asking Price vs. Sold Price

How much do homes in Eaton County, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price21 Homes

At Asking Price22 Homes

Under Asking Price42 Homes

Insight

If you're buying a home in Eaton County, you may be able to get a good deal. 49.4% of homes here sold below asking price last month.

Summary: A total of 85 homes were sold or pending in Eaton County in December 2024, up by 7.6% month-over-month. Of the 85 sold homes, 49% were sold under asking, 26% were sold at asking, and and 25% were sold over asking.

Days on Market for Eaton County, MI

How long does it take to sell a home in Eaton County, MI?

Breakdown of Home Sale Times

Under 30 Days49 Homes

30 – 90 Days30 Homes

Over 90 Days6 Homes

Insight

Many homes in Eaton County are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 85 homes were sold in Eaton County; 58% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
34 DaysThis YearDec 2024
29 Days1 year agoDec 2023
+18.9 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Eaton County had an average listing age of 34 days in Dec 2024, up by 18.9% compared to the previous year.

Newest Listings in Eaton County, MI

What homes are available in Eaton County, MI?

MLS Disclaimers and Copyright

Based on information from Greater Lansing MLS, Michigan Regional Information Center LLC, RealComp II Ltd., Northern Great Lakes Realtors MLS, and Water Wonderland MLS Inc. for the period 01/01/2023 - 01/01/2025

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Last updated on: 1/29/2025, 3:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/29/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is 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. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.