Is Cass 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, Cass County has remained a Seller's Market.
Housing Prices in Cass County, MI
How much do homes in Cass County, MI cost?
Median Sold Price
$224,750
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cass County was $224,750 in April 2024, up 0.1% 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 | $125K | $170K | +36.0% |
2 Bedrooms | $160K | $155K | -3.1% |
3 Bedrooms | $218.6K | $225K | +2.9% |
4 Bedrooms | $270K | $350K | +29.6% |
5+ Bedrooms | $415K | $385K | -7.2% |
Summary: Cass County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes decreased by 7.2%.
Median Sold Price Compared To Nearby Counties
Saint Joseph County | $180.2K | $190K | +5.4% |
Van Buren County | $270.8K | $285.1K | +5.3% |
Kalamazoo County | $238.1K | $250K | +5.0% |
Cass County | $224.6K | $224.7K | 0.1% |
Housing Supply in Cass County, MI
How many homes are available in Cass County, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
157 | 176 | +12.1% |
Summary: The Cass County real estate market had 176 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 33 | 35 | +6.1% |
3 Bedrooms | 86 | 92 | +7.0% |
4 Bedrooms | 24 | 31 | +29.2% |
5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The Cass County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 36 | +20.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Cass County in April 2024, up by 20.0% month-over-month. Of the 36 sold homes, 56% were sold under asking, 28% were sold at asking, and 17% were sold over asking.
Days on Market for Cass County, MI
How long does it take to sell a home in Cass County, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 51 Days | +35.2% |
Summary: Homes in Cass County had an average of 51 days on market in Apr 2024, up by 35.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in Cass County; 44% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.