Housing Prices in Michiana, MI
How much do homes in Michiana, MI cost?
Median List Price
$889,000
$499/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Michiana was $889,000 in April 2024, up 2.9% from the previous year, and the median price per square foot was $499.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $599.9K | N/A |
2 Bedrooms | $420K | $834K | +98.6% |
3 Bedrooms | $637.5K | $679K | +6.5% |
4 Bedrooms | $1.7M | $950K | -47.1% |
5+ Bedrooms | $1.1M | $1.4M | +25.0% |
Summary: Michiana 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 98.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 47.1%, and 5+ bedroom homes increased by 25%.
Median List Price Compared To Nearby Cities
Michiana | $864K | $889K | +2.9% |
New Buffalo Township | $675K | $660K | -2.2% |
Housing Supply in Michiana, MI
How many homes are available in Michiana, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Summary: The Michiana real estate market had 4 homes for sale in April 2024, a 300.0% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 0 | 2 | +100.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Michiana 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 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Michiana, MI
How long does it take to sell a home in Michiana, MI?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
233 Days | 140 Days | -39.7% |
Summary: Homes in Michiana had an average listing age of 140 days in Apr 2024, down by 39.7% compared to the previous year.