$8,313 Closing Credit*
$700,000
1,430 SqFt
3 Beds
•2 Full Baths
Maris Laporter, Listing Office: The Charles Reinhart Company
Is Bach, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bach has remained a Seller's Market.
Key Takeaway
Bach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bach, MI
How much do homes in Bach, MI cost?
Median Sold Price
$629,999
$406/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$63,999(+11.3%)
Key Takeaway
Homes in Bach have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Bach was $629,999 in October 2024, up 11.3% from last year, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $402.5K | +4.5% |
| 2 Bedrooms | $461K | $760K | +64.9% |
| 3 Bedrooms | $583.5K | $620K | +6.3% |
| 4 Bedrooms | $880K | $700K | -20.5% |
| 5+ Bedrooms | $1.4M | $720K | -49.0% |
Summary: Bach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 64.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes decreased by 49%.
Housing Supply in Bach, MI
How many homes are available in Bach, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Summary: The Bach real estate market had 22 homes for sale in October 2024, a 8.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bach, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Bach in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 18 Days | -33.1% |
Summary: Homes in Bach had an average of 18 days on market in Oct 2024, down by 33.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were 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 October 2024, 8 homes were sold in Bach; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
