Is Briley 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, Briley Township was a Seller's Market.
Key Takeaway
Briley Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Briley Township, MI
How much do homes in Briley Township, MI cost?
Median Sold Price
$133,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Briley Township have sold for 20.9% more than they did a year ago.
Summary: The median home sold price in Briley Township was $133,000 in April 2024, up 20.9% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $78K | $92.5K | +18.6% |
| 2 Bedrooms | $102.5K | $120K | +17.1% |
| 3 Bedrooms | $125K | $165K | +32.0% |
| 4 Bedrooms | $90K | $294.9K | +227.7% |
| 5+ Bedrooms | - | $204K | N/A |
Summary: Briley Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.6%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 227.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Atlanta | $124K | $162.5K | +31.0% |
| Montmorency Township | $146K | $185K | +26.7% |
| Briley Township | $110K | $133K | +20.9% |
Housing Supply in Briley Township, MI
How many homes are available in Briley Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 13 | +116.7% |
Summary: The Briley Township real estate market had 13 homes for sale in April 2024, a 116.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Briley Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, 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
Key Takeaway
If you're buying a home in Briley Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Briley 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 Briley Township, MI
We’re sorry, we don't have information for this market at the moment
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