#1930329, Carey Ford, Listing Office: Coldwell Banker Schmidt-Glen A
Empire Township Housing Market Report December 2024•Leelanau County, Michigan
Housing Prices in Empire Township, MI
How much do homes in Empire Township, MI cost?
Housing Market Conditions
Is Empire Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Empire Township is a Seller's Market
Difference Since November 2024
Last month, Empire Township has remained a Seller's Market.
Insight
Empire Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,386,250$910/SqFt
+$951,250
+218.7%
Based on all homes sold in December 2024
Insight
Homes in Empire Township have sold for 218.7% more than they did a month ago.
Summary: The median home sold price in Empire Township was $1,386,250 in December 2024, up 218.7% from last month, and the median price per square foot was $910.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Maple City | $290K | $1.1M | +279.7% |
| Empire | $435K | $1.3M | +218.7% |
| Empire Township | $435K | $1.3M | +218.7% |
| Kasson Township | $290K | $327K | +12.8% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $2.0M | N/A |
| 33 Bedrooms | $435K | - | N/A |
| 44 Bedrooms | - | $772.5K | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Empire Township housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Empire Township, MI
How many homes are available in Empire Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthDec 2024 | ||
| 62 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The Empire Township real estate market had 6 homes for sale in Dec 2024, the same as Nov 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthDec 2024 | ||
| 22 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 2 | 1 | -50.0% |
| 44 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Empire Township 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 increased by +100.0%. The inventory for 3 bedroom homes decreased by -50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Empire Township, MI cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Empire Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Empire Township in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Empire Township, MI
How long does it take to sell a home in Empire Township, MI?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Empire Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Empire Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 43 DaysLast MonthDec 2024 | ||
| 60 Days1 month agoNov 2024 | -28.3 % Change MoMNov – Dec |
Summary: Homes in Empire Township had an average listing age of 43 days in Dec 2024, down by 28.3% compared to the previous month.
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Newest Listings in Empire Township, MI
What homes are available in Empire Township, MI?
#78080053658, T. J. Shimek, Listing Office: The Mitten Real Estate Group
#1930186, T. J. Shimek, Listing Office: The Mitten Real Estate Group
Video tour
$6,709 Closing Credit¹
#1930124, Janel Brown, Listing Office: REO-TCFront-233021
#1929878, Deirdre Carroll, Listing Office: CENTURY 21 Northland
#78080052944, Jeffrey Wichern, Listing Office: The Martin Company
#1929319, Jon Zickert, Listing Office: REO-TCBeulah-Frankfort-233027
$8,016 Closing Credit¹
#1929259, Peter Fisher, Listing Office: Coldwell Banker Schmidt-Glen A
#1928814, Ranae Ihme, Listing Office: LVR Realty, LLC
#78080050639, Mark D Hagan, Listing Office: Coldwell Banker Schmidt-402
$6,876 Closing Credit¹
#1926504, Pam DePuy, Listing Office: The Martin Company
#1914472, Steven Batdorff, Listing Office: REO-TCRandolph-233022
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Based on information from Northern Great Lakes Realtors MLS, RealComp II Ltd., and Water Wonderland MLS Inc. for the period 11/01/2024 - 01/01/2025
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: 1/31/2025, 10:20:52 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: 1/31/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 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: 1/31/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 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: 1/31/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.