Housing Prices in Michiana, MI
How much do homes in Michiana, MI cost?
Median List Price
$1,018,500
$510/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Michiana has increased by 10.7% since last year.
Summary: The median home list price in Michiana was $1,018,500 in March 2024, up 10.7% from the previous year, and the median price per square foot was $510.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $599.9K | N/A |
| 2 Bedrooms | $420K | $834K | +98.6% |
| 3 Bedrooms | $675K | $549.9K | -18.5% |
| 4 Bedrooms | $1.7M | $1.5M | -15.8% |
| 5+ Bedrooms | $1.6M | $1.4M | -10.2% |
Summary: Michiana housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 98.6%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 10.2%.
Median List Price Compared To Nearby Cities
| Michiana | $920K | $1.0M | +10.7% |
| New Buffalo Township | $675K | $649K | -3.9% |
Housing Supply in Michiana, MI
How many homes are available in Michiana, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Michiana real estate market had 1 homes for sale in March 2024, a 50.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Michiana housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 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.
Days on Market for Michiana, MI
How long does it take to sell a home in Michiana, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 130 Days | 504 Days | +285.1% |
Summary: Homes in Michiana had an average listing age of 504 days in Mar 2024, up by 285.1% compared to the previous year.
