Is Barry County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Barry County has remained a Seller's Market.
Key Takeaway
Barry County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barry County, MI
How much do homes in Barry County, MI cost?
Median Sold Price
$271,637
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Barry County have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Barry County was $271,637 in March 2024, up 7.3% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $166.1K | $177K | +6.5% |
| 2 Bedrooms | $182.7K | $202K | +10.5% |
| 3 Bedrooms | $235K | $260K | +10.6% |
| 4 Bedrooms | $319.9K | $309.9K | -3.1% |
| 5+ Bedrooms | $340K | $387K | +13.8% |
Summary: Barry County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Counties
| Ionia County | $195K | $219K | +12.3% |
| Eaton County | $210.1K | $234.9K | +11.8% |
| Kent County | $296.3K | $319.8K | +7.9% |
| Barry County | $253.2K | $271.6K | +7.3% |
| Allegan County | $280.9K | $300K | +6.8% |
Housing Supply in Barry County, MI
How many homes are available in Barry County, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 108 | 119 | +10.2% |
Summary: The Barry County real estate market had 119 homes for sale in March 2024, a 10.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 45 | 50 | +11.1% |
| 4 Bedrooms | 26 | 30 | +15.4% |
| 5+ Bedrooms | 18 | 22 | +22.2% |
Summary: The Barry County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 32 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barry County, expect to pay close to the asking price. 40.6% of homes here sold near the asking price last month.
Summary: A total of 32 homes were sold or pending in Barry County in March 2024, the same as the previous month. Of the 32 sold homes, 34% were sold under asking, 41% were sold at asking, and 25% were sold over asking.
Days on Market for Barry County, MI
How long does it take to sell a home in Barry County, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 31 Days | -25.8% |
Summary: Homes in Barry County had an average of 31 days on market in Mar 2024, down by 25.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Barry County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 32 homes were sold in Barry County; 66% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
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© 2024 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.