Is Berrien Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Berrien Township was a Seller's Market.
Housing Prices in Berrien Township, MI
How much do homes in Berrien Township, MI cost?
Median Sold Price
$362,760
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Berrien Township was $362,760 in April 2024, up 59.8% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $184K | +15.0% |
2 Bedrooms | $135K | $241.3K | +78.8% |
3 Bedrooms | $215K | $300K | +39.5% |
4 Bedrooms | $369K | $385K | +4.3% |
5+ Bedrooms | $395K | $420K | +6.3% |
Summary: Berrien Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15%, 2 bedroom homes increased by 78.8%, 3 bedroom homes increased by 39.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Cities
Berrien Township | $227K | $362.7K | +59.8% |
Berrien Springs | $261K | $317.5K | +21.6% |
Oronoko Charter Township | $265K | $278K | +4.9% |
Housing Supply in Berrien Township, MI
How many homes are available in Berrien Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Summary: The Berrien Township real estate market had 11 homes for sale in April 2024, a 83.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 5 | +150.0% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Berrien Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Berrien Township in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Berrien Township, MI
How long does it take to sell a home in Berrien Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
191 Days | 20 Days | -89.5% |
Summary: Homes in Berrien Township had an average of 20 days on market in Apr 2024, down by 89.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Berrien Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.