Is Cass County, 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, Cass County has remained a Seller's Market.
Housing Prices in Cass County, MI
How much do homes in Cass County, MI cost?
Median Sold Price
$225,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cass County was $225,000 in March 2024, up 1% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $172.5K | +38.0% |
2 Bedrooms | $151.5K | $149.4K | -1.4% |
3 Bedrooms | $216K | $230.4K | +6.7% |
4 Bedrooms | $280K | $350.5K | +25.2% |
5+ Bedrooms | $415K | $380K | -8.4% |
Summary: Cass County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Counties
Van Buren County | $269.1K | $287.4K | +6.8% |
Saint Joseph County | $179.9K | $190K | +5.6% |
Kalamazoo County | $237.1K | $249.9K | +5.4% |
Cass County | $222.7K | $225K | +1.0% |
Housing Supply in Cass County, MI
How many homes are available in Cass County, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
141 | 163 | +15.6% |
Summary: The Cass County real estate market had 163 homes for sale in March 2024, a 15.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 24 | 34 | +41.7% |
3 Bedrooms | 78 | 90 | +15.4% |
4 Bedrooms | 26 | 25 | -3.8% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Cass County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 41.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 29 | +52.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Cass County in March 2024, up by 52.6% month-over-month. Of the 29 sold homes, 55% were sold under asking, 31% were sold at asking, and 14% were sold over asking.
Days on Market for Cass County, MI
How long does it take to sell a home in Cass County, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
85 Days | 74 Days | -13.0% |
Summary: Homes in Cass County had an average of 74 days on market in Mar 2024, down by 13% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 29 homes were sold in Cass County; 28% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.