Is Bronson, 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, Bronson has remained a Seller's Market.
Key Takeaway
Bronson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bronson, MI
How much do homes in Bronson, MI cost?
Median Sold Price
$190,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bronson have sold for 31.9% more than they did a year ago.
Summary: The median home sold price in Bronson was $190,000 in March 2024, up 31.9% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $126K | -38.5% |
| 2 Bedrooms | $129.9K | $165K | +27.0% |
| 3 Bedrooms | $149K | $192.5K | +29.2% |
| 4 Bedrooms | $165K | $234.9K | +42.4% |
| 5+ Bedrooms | $404K | $225.5K | -44.2% |
Summary: Bronson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes decreased by 44.2%.
Median Sold Price Compared To Nearby Cities
| Bronson | $144K | $190K | +31.9% |
| Bronson Township | $149K | $190K | +27.5% |
Housing Supply in Bronson, MI
How many homes are available in Bronson, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The Bronson real estate market had 29 homes for sale in March 2024, a 20.8% 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 | 2 | 4 | +100.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Bronson 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bronson, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Bronson in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Bronson, MI
How long does it take to sell a home in Bronson, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 173 Days | 29 Days | -82.9% |
Summary: Homes in Bronson had an average of 29 days on market in Mar 2024, down by 82.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bronson has remained consistent over time.
Summary: During March 2024, 6 homes were sold in Bronson; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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.