Is Baroda Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baroda Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Baroda Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Baroda Township, MI

How much do homes in Baroda Township, MI cost?

Median Sold Price

$403,500

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$68,600(+20.5%)

Key Takeaway

Homes in Baroda Township have sold for 20.5% more than they did a year ago.

Summary: The median home sold price in Baroda Township was $403,500 in March 2024, up 20.5% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $157.5K-
N/A
2 $178.5K$181K
+1.4%
3 $334.9K$280K
-16.4%
4 $443.7K$452K
+1.9%
5+ -$469K
N/A

Summary: Baroda Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 16.4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Baroda
+27.9%
Baroda Township
+20.5%
Royalton Township
+7.8%
Oronoko Charter Township
+4.9%
Lincoln Charter Township
-3.7%

Housing Supply in Baroda Township, MI

How many homes are available in Baroda Township, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
78+14.3%

Summary: The Baroda Township real estate market had 8 homes for sale in March 2024, a 14.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 00
0.0%
5+ 12
+100.0%

Summary: The Baroda Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baroda Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Baroda Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Baroda Township, MI

How long does it take to sell a home in Baroda Township, MI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Baroda Township has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Baroda Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Baroda Township, MI

Nearby Markets to Baroda Township, MI

What housing markets are near Baroda Township, MI?