Is Berrien 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, Berrien County has remained a Seller's Market.
Housing Prices in Berrien County, MI
How much do homes in Berrien County, MI cost?
Median Sold Price
$270,175
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Berrien County was $270,175 in April 2024, up 13% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133K | $215.5K | +62.0% |
2 Bedrooms | $160K | $196.5K | +22.8% |
3 Bedrooms | $220.1K | $248.1K | +12.7% |
4 Bedrooms | $345K | $380K | +10.1% |
5+ Bedrooms | $506K | $522.1K | +3.2% |
Summary: Berrien County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62%, 2 bedroom homes increased by 22.8%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Counties
Berrien County | $239.1K | $270.1K | +13.0% |
Van Buren County | $270.8K | $285.1K | +5.3% |
Cass County | $224.6K | $224.7K | 0.1% |
Housing Supply in Berrien County, MI
How many homes are available in Berrien County, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
626 | 674 | +7.7% |
Summary: The Berrien County real estate market had 674 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 121 | 120 | -0.8% |
3 Bedrooms | 276 | 272 | -1.4% |
4 Bedrooms | 149 | 180 | +20.8% |
5+ Bedrooms | 76 | 96 | +26.3% |
Summary: The Berrien County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 26.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
147 | 166 | +12.9% |
Asking Price vs. Sold Price
94 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Summary: A total of 166 homes were sold or pending in Berrien County in April 2024, up by 12.9% month-over-month. Of the 166 sold homes, 57% were sold under asking, 18% were sold at asking, and 25% were sold over asking.
Days on Market for Berrien County, MI
How long does it take to sell a home in Berrien County, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 63 Days | +13.8% |
Summary: Homes in Berrien County had an average of 63 days on market in Apr 2024, up by 13.8% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
70 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Summary: During April 2024, 166 homes were sold in Berrien County; 36% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.