Is Baroda, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baroda is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Baroda has remained a Buyer's Market.

Key Takeaway

Baroda is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Baroda, MI

How much do homes in Baroda, MI cost?

Median Sold Price

$935,000

$309/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$410,000(+78.1%)

Key Takeaway

Homes in Baroda have sold for 78.1% more than they did a month ago.

Summary: The median home sold price in Baroda was $935,000 in November 2024, up 78.1% from last month, and the median price per square foot was $309.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $525K$935K
+78.1%
4 --
N/A
5+ --
N/A

Summary: Baroda housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 78.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Baroda
+78.1%
Baroda Township
+78.1%

Housing Supply in Baroda, MI

How many homes are available in Baroda, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1013+30.0%

Summary: The Baroda real estate market had 13 homes for sale in November 2024, a 30.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 67
+16.7%
4 11
0.0%
5+ 24
+100.0%

Summary: The Baroda 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baroda, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Baroda in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Baroda, MI

How long does it take to sell a home in Baroda, MI?

Average Sale Time

Oct 2024Nov 2024CHANGE
7 Days21 Days+200.0%

Summary: Homes in Baroda had an average of 21 days on market in Nov 2024, up by 200% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Baroda are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Baroda; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Baroda, MI

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