Is Van Buren County, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Van Buren County is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Van Buren County has remained a Seller's Market.

Key Takeaway

Van Buren County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Van Buren County, MI cost?

Median Sold Price

$249,990

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$9,652(+4.0%)

Key Takeaway

Homes in Van Buren County have sold for 4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $165.7K$169K
+2.0%
2 $167.2K$178K
+6.4%
3 $220K$225K
+2.3%
4 $282.9K$328.8K
+16.2%
5+ $489.7K$535K
+9.2%

Median Sold Price Compared To Nearby Counties

Cass County
+21.7%
Allegan County
+10.0%
Kalamazoo County
+7.6%
Berrien County
+4.8%
Van Buren County
+4.0%

How many homes are available in Van Buren County, MI?

Number of Homes For Sale

Jul 2022Aug 2022%
424447+5.4%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 125
-58.3%
2 5052
+4.0%
3 189186
-1.6%
4 112130
+16.1%
5+ 6174
+21.3%

Number of Homes Sold

Jul 2022Aug 2022%
9398+5.4%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Van Buren County, you may be able to get a good deal. 41.8% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
3 Days31 Days+933.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Van Buren County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Van Buren County, MI

Homes for sale in Van Buren County, MI have reached 447. Between July 2022 and August 2022, Van Buren County, MI real estate market has seen increase in the number of listings by 5.4%. In August 2022 median list price was $249,990 and the average listing age was 31 days. Real estate listing prices changed between July 2022 and August 2022: 1 bedroom properties became 2% more expensive, prices of 2 bedrooms properties increased by 6.4%, prices of 3 bedrooms properties went up by 2.3%, 4 bedrooms properties became 16.2% more expensive, prices of 5 bedrooms properties increased by 9.2%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 58.3% less available, 2 bedrooms homes inventory increased by 4%, volume of 3 bedrooms homes went down by 1.6%, volume of 4 bedrooms homes went up by 16.1%, number of 5 bedrooms homes increased by 21.3%. Over 30 listings were sold over their listed price in August 2022 in Van Buren County, MI. In the same period over 41 listings were sold below the listed price and 27 listings were sold for the listed price.

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