$8,657 Closing Credit*
$729,000
1,754 SqFt
4 Beds
•3 Full Baths
Steven Koleno, Listing Office: Beycome Brokerage Realty LLC
Is Bach, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bach was a Seller's Market.
Key Takeaway
Bach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bach, MI
How much do homes in Bach, MI cost?
Median Sold Price
$639,999
$407/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$75,999(+13.5%)
Key Takeaway
Homes in Bach have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in Bach was $639,999 in November 2024, up 13.5% from last year, and the median price per square foot was $407.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $402.5K | +4.5% |
| 2 Bedrooms | $457K | $765K | +67.4% |
| 3 Bedrooms | $583.5K | $620K | +6.3% |
| 4 Bedrooms | $745K | $700K | -6.0% |
| 5+ Bedrooms | $1.5M | $720K | -53.5% |
Summary: Bach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 67.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 53.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Bach | $564K | $639.9K | +13.5% |
| Downtown | $546K | $456.1K | -16.5% |
Housing Supply in Bach, MI
How many homes are available in Bach, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Summary: The Bach real estate market had 25 homes for sale in November 2024, a 13.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bach, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bach in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Bach, MI
How long does it take to sell a home in Bach, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 31 Days | -31.1% |
Summary: Homes in Bach had an average of 31 days on market in Nov 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Bach; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.