$3,064 Closing Credit*
$258,000
2,324 SqFt
3 Beds
•1 Full Bath, 1 Partial
Julie Trauben, Listing Office: KW Showcase Realty
Is Bagley Community, 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, Bagley Community was a Seller's Market.
Key Takeaway
Bagley Community is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bagley Community, MI
How much do homes in Bagley Community, MI cost?
Median Sold Price
$203,500
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,500(+13.1%)
Key Takeaway
Homes in Bagley Community have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Bagley Community was $203,500 in November 2024, up 13.1% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $48.7K | $76K | +55.9% |
| 3 Bedrooms | $175K | $192K | +9.7% |
| 4 Bedrooms | $202.5K | $238K | +17.5% |
| 5+ Bedrooms | $239.9K | $280K | +16.7% |
Summary: Bagley Community housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.9%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 16.7%.
Housing Supply in Bagley Community, MI
How many homes are available in Bagley Community, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 | 92 | +5.7% |
Summary: The Bagley Community real estate market had 92 homes for sale in November 2024, a 5.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 54 | 57 | +5.6% |
| 4 Bedrooms | 26 | 27 | +3.8% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Bagley Community housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bagley Community, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Bagley Community in November 2024, up by 8.3% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.
Days on Market for Bagley Community, MI
How long does it take to sell a home in Bagley Community, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 47 Days | +56.3% |
Summary: Homes in Bagley Community had an average of 47 days on market in Nov 2024, up by 56.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bagley Community are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Bagley Community; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
