Is Van Buren County, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Van Buren County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Van Buren County has remained a Seller's Market.

Key Takeaway

Van Buren County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Van Buren County, MI

How much do homes in Van Buren County, MI cost?

Median Sold Price

$285,178

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,318(+5.3%)

Key Takeaway

Homes in Van Buren County have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Van Buren County was $285,178 in April 2024, up 5.3% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $211K$200K
-5.2%
2 $170K$201.5K
+18.5%
3 $236.4K$252K
+6.6%
4 $330K$342.5K
+3.8%
5+ $508.2K$575K
+13.1%

Summary: Van Buren County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 13.1%.

Median Sold Price Compared To Nearby Counties

Allegan County
+5.7%
Van Buren County
+5.3%
Kalamazoo County
+5.0%
Cass County
0.1%

Housing Supply in Van Buren County, MI

How many homes are available in Van Buren County, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
266285+7.1%

Summary: The Van Buren County real estate market had 285 homes for sale in April 2024, a 7.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 14
+300.0%
2 3435
+2.9%
3 102101
-1.0%
4 7989
+12.7%
5+ 5056
+12.0%

Summary: The Van Buren County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 12%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
6358-7.9%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Van Buren County, you may be able to get a good deal. 46.6% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in Van Buren County in April 2024, down by 7.9% month-over-month. Of the 58 sold homes, 47% were sold under asking, 28% were sold at asking, and 26% were sold over asking.

Days on Market for Van Buren County, MI

How long does it take to sell a home in Van Buren County, MI?

Average Sale Time

Apr 2023Apr 2024CHANGE
86 Days41 Days-51.8%

Summary: Homes in Van Buren County had an average of 41 days on market in Apr 2024, down by 51.8% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Van Buren County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 58 homes were sold in Van Buren County; 60% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Van Buren County, MI

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