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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baroda Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Baroda Township, MI

How much do homes in Baroda Township, MI cost?

Median Sold Price

$351,500

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$38,900(-10.0%)

Key Takeaway

Homes in Baroda Township have sold for 10% less than they did a year ago.

Summary: The median home sold price in Baroda Township was $351,500 in October 2024, down 10% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $157.5K$294.5K
+87.0%
2 $181K$192.2K
+6.2%
3 $318K$272.5K
-14.3%
4 $450K$396K
-12.0%
5+ $469K$525K
+11.9%

Summary: Baroda Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 87%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 11.9%.

Median Sold Price Compared To Nearby Cities

Oronoko Charter Township
+10.4%
Lincoln Charter Township
+6.3%
Royalton Township
+5.0%
Baroda Township
-10.0%

Housing Supply in Baroda Township, MI

How many homes are available in Baroda Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12120.0%

Summary: The Baroda Township real estate market had 12 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 11
0.0%
5+ 34
+33.3%

Summary: The Baroda Township 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 remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

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 Township, 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 Township in October 2024, down by 66.7% 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 Township, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days48 Days+4.3%

Summary: Homes in Baroda Township had an average of 48 days on market in Oct 2024, up by 4.3% compared to last year.

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 Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Baroda Township; 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 Township, MI

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