Is Battle Creek, 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, Battle Creek has remained a Seller's Market.
Housing Prices in Battle Creek, MI
How much do homes in Battle Creek, MI cost?
Median Sold Price
$174,959
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Battle Creek was $174,959 in April 2024, up 13.2% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $90K | -5.3% |
2 Bedrooms | $109.8K | $130K | +18.3% |
3 Bedrooms | $169.3K | $175K | +3.3% |
4 Bedrooms | $209K | $242K | +15.8% |
5+ Bedrooms | $280K | $290K | +3.6% |
Summary: Battle Creek 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 18.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
Bedford Charter Township | $154.5K | $197.4K | +27.8% |
Battle Creek | $154.5K | $174.9K | +13.2% |
Pennfield Charter Township | $190K | $215K | +13.1% |
Emmett Charter Township | $207.6K | $220K | +6.0% |
Housing Supply in Battle Creek, MI
How many homes are available in Battle Creek, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
253 | 274 | +8.3% |
Summary: The Battle Creek real estate market had 274 homes for sale in April 2024, a 8.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 55 | 67 | +21.8% |
3 Bedrooms | 122 | 135 | +10.7% |
4 Bedrooms | 55 | 52 | -5.5% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The Battle Creek 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 21.8%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 87 | +26.1% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 87 homes were sold or pending in Battle Creek in April 2024, up by 26.1% month-over-month. Of the 87 sold homes, 57% were sold under asking, 15% were sold at asking, and 28% were sold over asking.
Days on Market for Battle Creek, MI
How long does it take to sell a home in Battle Creek, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 36 Days | +35.4% |
Summary: Homes in Battle Creek had an average of 36 days on market in Apr 2024, up by 35.4% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 87 homes were sold in Battle Creek; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.