Is Barry Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Barry Township was a Seller's Market.
Key Takeaway
Barry Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Barry Township, MI
How much do homes in Barry Township, MI cost?
Median Sold Price
$247,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Barry Township have sold for 17.6% more than they did a year ago.
Summary: The median home sold price in Barry Township was $247,000 in March 2024, up 17.6% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $225K | +55.2% |
| 2 Bedrooms | $200K | $143K | -28.5% |
| 3 Bedrooms | $200K | $297.5K | +48.8% |
| 4 Bedrooms | $280K | $267K | -4.6% |
| 5+ Bedrooms | $315K | $280K | -11.1% |
Summary: Barry Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.2%, 2 bedroom homes decreased by 28.5%, 3 bedroom homes increased by 48.8%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Delton | $230K | $283K | +23.0% |
| Barry Township | $210K | $247K | +17.6% |
| Hope Township | $220K | $249.9K | +13.6% |
| Prairieville Township | $315.9K | $350K | +10.8% |
Housing Supply in Barry Township, MI
How many homes are available in Barry Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Barry Township real estate market had 6 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Barry 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 increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barry Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Barry Township in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Barry Township, MI
How long does it take to sell a home in Barry Township, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 13 Days | -67.5% |
Summary: Homes in Barry Township had an average of 13 days on market in Mar 2024, down by 67.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Barry Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Barry Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.