Is Brady Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Brady Township has remained a Seller's Market.
Housing Prices in Brady Township, MI
How much do homes in Brady Township, MI cost?
Median Sold Price
$225,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Brady Township was $225,000 in April 2024, down 15.1% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $20.2K | N/A |
2 Bedrooms | $153.9K | $185K | +20.2% |
3 Bedrooms | $245K | $217.5K | -11.2% |
4 Bedrooms | $320.4K | $289.9K | -9.5% |
5+ Bedrooms | $440K | $772.5K | +75.6% |
Summary: Brady Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.2%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 75.6%.
Median Sold Price Compared To Nearby Cities
Schoolcraft Township | $271K | $310K | +14.4% |
Pavilion Township | $272.5K | $309.2K | +13.5% |
Vicksburg | $251K | $276K | +10.0% |
Scotts | $299.5K | $311K | +3.8% |
Brady Township | $265K | $225K | -15.1% |
Housing Supply in Brady Township, MI
How many homes are available in Brady Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 10 | -23.1% |
Summary: The Brady Township real estate market had 10 homes for sale in April 2024, a 23.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Brady Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Brady Township in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Brady Township, MI
How long does it take to sell a home in Brady Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
280 Days | 3 Days | -98.9% |
Summary: Homes in Brady Township had an average of 3 days on market in Apr 2024, down by 98.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Brady 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.