Is Briley 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, Briley Township was a Seller's Market.
Key Takeaway
Briley 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 Briley Township, MI
How much do homes in Briley Township, MI cost?
Median Sold Price
$123,500
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Briley Township have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Briley Township was $123,500 in March 2024, up 12.3% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $106K | $90K | -15.1% |
| 2 Bedrooms | $102.5K | $120K | +17.1% |
| 3 Bedrooms | $125K | $146K | +16.8% |
| 4 Bedrooms | $90K | $349.9K | +288.8% |
| 5+ Bedrooms | - | $204K | N/A |
Summary: Briley Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 288.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Atlanta | $123.5K | $155K | +25.5% |
| Briley Township | $110K | $123.5K | +12.3% |
Housing Supply in Briley Township, MI
How many homes are available in Briley Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Briley Township real estate market had 7 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Briley 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 remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
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 Briley 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 Briley Township in March 2024, up by 100.0% 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 Briley Township, MI
We’re sorry, we don't have information for this market at the moment
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