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

Last month, Baroda was a Seller'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

$525,000

$262/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$261,250(+99.1%)

Key Takeaway

Homes in Baroda have sold for 99.1% more than they did a month ago.

Summary: The median home sold price in Baroda was $525,000 in October 2024, up 99.1% from last month, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $252.5K-
N/A
3 $275K$525K
+90.9%
4 --
N/A
5+ --
N/A

Summary: Baroda housing prices by bedroom type for October 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 90.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Baroda, MI

How many homes are available in Baroda, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Baroda real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 66
0.0%
4 01
+100.0%
5+ 33
0.0%

Summary: The Baroda 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baroda, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Baroda in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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

Sep 2024Oct 2024CHANGE
57 Days48 Days-16.5%

Summary: Homes in Baroda had an average of 48 days on market in Oct 2024, down by 16.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Baroda has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Baroda; 0% of homes were sold within 30 days, 100% 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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