Is Barryton, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Barryton was a Seller's Market.
Key Takeaway
Barryton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Barryton, MI
How much do homes in Barryton, MI cost?
Median Sold Price
$130,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Barryton have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Barryton was $130,000 in June 2024, up 6.1% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $70K | -41.7% |
| 2 Bedrooms | $120K | $130K | +8.3% |
| 3 Bedrooms | $116K | $143K | +23.3% |
| 4 Bedrooms | $210K | $197.4K | -6.0% |
| 5+ Bedrooms | $280K | - | N/A |
Summary: Barryton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 23.3%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes did not change.
Housing Supply in Barryton, MI
How many homes are available in Barryton, MI?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Summary: The Barryton real estate market had 21 homes for sale in June 2024, a 31.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Barryton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Barryton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Barryton in June 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Barryton, MI
How long does it take to sell a home in Barryton, MI?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 23 Days | 2 Days | -89.1% |
Summary: Homes in Barryton had an average of 2 days on market in Jun 2024, down by 89.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Barryton are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 2 homes were sold in Barryton; 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.
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.