Is Berrien County, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berrien County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Berrien County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Berrien County, MI

How much do homes in Berrien County, MI cost?

Median Sold Price

$265,859

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$25,781(+10.7%)

Key Takeaway

Homes in Berrien County have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Berrien County was $265,859 in March 2024, up 10.7% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $147.5K$187K
+26.8%
2 $156K$199.9K
+28.2%
3 $224.9K$240.2K
+6.8%
4 $348.5K$385K
+10.5%
5+ $550K$550K
0.0%

Summary: Berrien County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.8%, 2 bedroom homes increased by 28.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Berrien County
+10.7%
Van Buren County
+6.8%
Cass County
+1.0%

Housing Supply in Berrien County, MI

How many homes are available in Berrien County, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
555637+14.8%

Summary: The Berrien County real estate market had 637 homes for sale in March 2024, a 14.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 45
+25.0%
2 108120
+11.1%
3 242278
+14.9%
4 136152
+11.8%
5+ 6582
+26.2%

Summary: The Berrien County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 26.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
106133+25.5%

Asking Price vs. Sold Price

80 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berrien County, you may be able to get a good deal. 60.2% of homes here sold below asking price last month.

Summary: A total of 133 homes were sold or pending in Berrien County in March 2024, up by 25.5% month-over-month. Of the 133 sold homes, 60% were sold under asking, 23% were sold at asking, and 17% were sold over asking.

Days on Market for Berrien County, MI

How long does it take to sell a home in Berrien County, MI?

Average Sale Time

Mar 2023Mar 2024CHANGE
58 Days94 Days+63.1%

Summary: Homes in Berrien County had an average of 94 days on market in Mar 2024, up by 63.1% compared to last year.

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

43 Homes Were Sold
In 30 - 90 Days

42 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Berrien County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 133 homes were sold in Berrien County; 36% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 32% 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 24 Days Ago

Newest Listings in Berrien County, MI

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