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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berrien County is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Berrien County, MI

How much do homes in Berrien County, MI cost?

Median Sold Price

$270,175

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$31,002(+13.0%)

Key Takeaway

Homes in Berrien County have sold for 13% more than they did a year ago.

Summary: The median home sold price in Berrien County was $270,175 in April 2024, up 13% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $133K$215.5K
+62.0%
2 $160K$196.5K
+22.8%
3 $220.1K$248.1K
+12.7%
4 $345K$380K
+10.1%
5+ $506K$522.1K
+3.2%

Summary: Berrien County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62%, 2 bedroom homes increased by 22.8%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Counties

Berrien County
+13.0%
Van Buren County
+5.3%
Cass County
0.1%

Housing Supply in Berrien County, MI

How many homes are available in Berrien County, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
626674+7.7%

Summary: The Berrien County real estate market had 674 homes for sale in April 2024, a 7.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 46
+50.0%
2 121120
-0.8%
3 276272
-1.4%
4 149180
+20.8%
5+ 7696
+26.3%

Summary: The Berrien County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 26.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
147166+12.9%

Asking Price vs. Sold Price

94 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

42 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berrien County, you may be able to get a good deal. 56.6% of homes here sold below asking price last month.

Summary: A total of 166 homes were sold or pending in Berrien County in April 2024, up by 12.9% month-over-month. Of the 166 sold homes, 57% were sold under asking, 18% were sold at asking, and 25% were sold over asking.

Days on Market for Berrien County, MI

How long does it take to sell a home in Berrien County, MI?

Average Sale Time

Apr 2023Apr 2024CHANGE
55 Days63 Days+13.8%

Summary: Homes in Berrien County had an average of 63 days on market in Apr 2024, up by 13.8% compared to last year.

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

70 Homes Were Sold
In 30 - 90 Days

36 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Berrien County has remained consistent over time.

Summary: During April 2024, 166 homes were sold in Berrien County; 36% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

Newest Listings in Berrien County, MI

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