Is Saint Joseph 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, Saint Joseph County has remained a Seller's Market.
Housing Prices in Saint Joseph County, MI
How much do homes in Saint Joseph County, MI cost?
Median Sold Price
$190,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Saint Joseph County was $190,000 in April 2024, up 5.4% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $143.5K | +30.5% |
2 Bedrooms | $134K | $140K | +4.5% |
3 Bedrooms | $182.4K | $185K | +1.4% |
4 Bedrooms | $230K | $247.5K | +7.6% |
5+ Bedrooms | $309K | $323K | +4.5% |
Summary: Saint Joseph County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.5%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Counties
Branch County | $174.2K | $197K | +13.1% |
Saint Joseph County | $180.2K | $190K | +5.4% |
Cass County | $224.6K | $224.7K | 0.1% |
Housing Supply in Saint Joseph County, MI
How many homes are available in Saint Joseph County, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
177 | 193 | +9.0% |
Summary: The Saint Joseph County real estate market had 193 homes for sale in April 2024, a 9.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 29 | 22 | -24.1% |
3 Bedrooms | 81 | 93 | +14.8% |
4 Bedrooms | 48 | 61 | +27.1% |
5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Saint Joseph 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 decreased by 24.1%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 43 | -4.4% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Saint Joseph County in April 2024, down by 4.4% month-over-month. Of the 43 sold homes, 58% were sold under asking, 23% were sold at asking, and 19% were sold over asking.
Days on Market for Saint Joseph County, MI
How long does it take to sell a home in Saint Joseph County, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 40 Days | -2.0% |
Summary: Homes in Saint Joseph County had an average of 40 days on market in Apr 2024, down by 2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 43 homes were sold in Saint Joseph County; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.