Is Calhoun County, 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, Calhoun County has remained a Seller's Market.
Key Takeaway
Calhoun County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Calhoun County, MI
How much do homes in Calhoun County, MI cost?
Median Sold Price
$175,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Calhoun County have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Calhoun County was $175,000 in April 2024, up 6.1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $90K | -5.3% |
| 2 Bedrooms | $115K | $133.4K | +16.1% |
| 3 Bedrooms | $174.5K | $175K | 0.2% |
| 4 Bedrooms | $221.9K | $258K | +16.3% |
| 5+ Bedrooms | $294.5K | $295K | 0.2% |
Summary: Calhoun County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.3%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 0.2%.
Median Sold Price Compared To Nearby Counties
| Eaton County | $209.7K | $239.6K | +14.2% |
| Branch County | $174.2K | $197K | +13.1% |
| Barry County | $255K | $275K | +7.9% |
| Calhoun County | $165K | $175K | +6.1% |
| Kalamazoo County | $238.1K | $250K | +5.0% |
Housing Supply in Calhoun County, MI
How many homes are available in Calhoun County, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 410 | 423 | +3.2% |
Summary: The Calhoun County real estate market had 423 homes for sale in April 2024, a 3.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 84 | 94 | +11.9% |
| 3 Bedrooms | 201 | 210 | +4.5% |
| 4 Bedrooms | 90 | 87 | -3.3% |
| 5+ Bedrooms | 28 | 25 | -10.7% |
Summary: The Calhoun County 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 increased by 11.9%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 10.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 110 | 136 | +23.6% |
Asking Price vs. Sold Price
75 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Calhoun County, you may be able to get a good deal. 55.1% of homes here sold below asking price last month.
Summary: A total of 136 homes were sold or pending in Calhoun County in April 2024, up by 23.6% month-over-month. Of the 136 sold homes, 55% were sold under asking, 18% were sold at asking, and 26% were sold over asking.
Days on Market for Calhoun County, MI
How long does it take to sell a home in Calhoun County, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 40 Days | +57.5% |
Summary: Homes in Calhoun County had an average of 40 days on market in Apr 2024, up by 57.5% compared to last year.
Breakdown of Home Sale Times
78 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Calhoun County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 136 homes were sold in Calhoun County; 57% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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