$475 Closing Credit*
$40,000
1,400 SqFt
4 Beds
•1 Full Bath
Timothy M Todd, Listing Office: Target Realty Group LLC
Is Calhoun County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Calhoun County has remained a Seller's Market.
Key Takeaway
Calhoun County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Calhoun County, MI
How much do homes in Calhoun County, MI cost?
Median Sold Price
$180,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$16,532(+10.1%)
Key Takeaway
Homes in Calhoun County have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Calhoun County was $180,000 in August 2024, up 10.1% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97.5K | $94K | -3.6% |
| 2 Bedrooms | $118.1K | $135K | +14.3% |
| 3 Bedrooms | $170K | $184K | +8.3% |
| 4 Bedrooms | $220.3K | $247.6K | +12.4% |
| 5+ Bedrooms | $299.9K | $290K | -3.3% |
Summary: Calhoun County housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Counties
| Calhoun County | $163.4K | $180K | +10.1% |
| Barry County | $259.9K | $285K | +9.6% |
| Eaton County | $224.6K | $244K | +8.7% |
| Branch County | $185K | $200K | +8.1% |
| Kalamazoo County | $241.3K | $258.1K | +7.0% |
Housing Supply in Calhoun County, MI
How many homes are available in Calhoun County, MI?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 492 | 505 | +2.6% |
Summary: The Calhoun County real estate market had 505 homes for sale in August 2024, a 2.6% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 112 | 94 | -16.1% |
| 3 Bedrooms | 239 | 253 | +5.9% |
| 4 Bedrooms | 101 | 115 | +13.9% |
| 5+ Bedrooms | 34 | 36 | +5.9% |
Summary: The Calhoun County housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 138 | 124 | -10.1% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Calhoun County, you may be able to get a good deal. 37.1% of homes here sold below asking price last month.
Summary: A total of 124 homes were sold or pending in Calhoun County in August 2024, down by 10.1% month-over-month. Of the 124 sold homes, 37% were sold under asking, 30% were sold at asking, and 33% were sold over asking.
Days on Market for Calhoun County, MI
How long does it take to sell a home in Calhoun County, MI?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 21 Days | 24 Days | +15.4% |
Summary: Homes in Calhoun County had an average of 24 days on market in Aug 2024, up by 15.4% compared to last year.
Breakdown of Home Sale Times
85 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Calhoun County are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 124 homes were sold in Calhoun County; 69% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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© 2024 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.