East Tawas, MI Home Values & Market Trends
Real estate market trends reflect that there have been 90 transactions over the past year in East Tawas. The median value for residential home transactions that occurred over the previous year is $183,652.29. The number of current listings in East Tawas is 8, and the percentage of properties for sale in the city is 8.00%. East Tawas, MI currently has 4 properties in foreclosure, 2 bank owned properties, 2 properties headed for auction, and 8 properties for sale.
East Tawas, MI Real Estate Market Overview
Zip | Median Est. Value |
---|---|
48730 | $ 177,244 $ 151/sqft |
Housing Market Summary for East Tawas, MI
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $325K | $185.5K | -42.93% |
Median Sold Price | $149.9K | $185.5K | 23.73% |
Homes For Sale | 5 | 8 | 60.00% |
Homes Sold | 25 | 36 | 44.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in East Tawas, MI
Browse Homes in East Tawas, MI
East Tawas home values range from $20,792 to $4,766,810. The median estimated value of a home in East Tawas is $183,652.29. The median list price of a home is 186,450, and the total count of properties in the city is 1,941.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in East Tawas, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within East Tawas, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in East Tawas, MI ranges from the highest value of $118,882 in 48730 to the lowest value of $109,000 in 48730. Bank owned homes and properties account for 0.10% of properties in East Tawas, MI. There is 1 zips within East Tawas, MI; 48730 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions48730 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of East Tawas, MI. Auction homes and other auction properties account for 0.10% of all properties in East Tawas, MI. There is 1 zips within East Tawas, MI; of that zips, the median estimated home value for homes going to auction ranges from $225,354 in 48730 to the lowest value of $146,585 in 48730.
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Guide for East Tawas, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
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