Is Bronson, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bronson has remained a Seller's Market.
Housing Prices in Bronson, MI
How much do homes in Bronson, MI cost?
Median Sold Price
$187,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bronson was $187,000 in April 2024, up 24.7% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $126K | -38.5% |
2 Bedrooms | $132.4K | $174.7K | +31.9% |
3 Bedrooms | $175K | $177.4K | +1.4% |
4 Bedrooms | $165K | $234.9K | +42.4% |
5+ Bedrooms | - | $228.7K | N/A |
Summary: Bronson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes increased by 31.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Bronson | $150K | $187K | +24.7% |
Bronson Township | $157.2K | $185.9K | +18.3% |
Housing Supply in Bronson, MI
How many homes are available in Bronson, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 28 | -3.4% |
Summary: The Bronson real estate market had 28 homes for sale in April 2024, a 3.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 13 | 10 | -23.1% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Bronson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Bronson in April 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.
Days on Market for Bronson, MI
How long does it take to sell a home in Bronson, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 74 Days | +73.4% |
Summary: Homes in Bronson had an average of 74 days on market in Apr 2024, up by 73.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Bronson; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.