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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barry Township is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Barry Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Barry Township, MI

How much do homes in Barry Township, MI cost?

Median Sold Price

$300,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$78,000(+35.1%)

Key Takeaway

Homes in Barry Township have sold for 35.1% more than they did a year ago.

Summary: The median home sold price in Barry Township was $300,000 in September 2024, up 35.1% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $145K$225K
+55.2%
2 $199K$200K
0.5%
3 $222K$365K
+64.4%
4 $270K$302.4K
+12.0%
5+ $324.5K$280K
-13.7%

Summary: Barry Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.2%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 64.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 13.7%.

Median Sold Price Compared To Nearby Cities

Barry Township
+35.1%
Delton
+18.5%
Prairieville Township
+18.5%
Hope Township
+6.4%

Housing Supply in Barry Township, MI

How many homes are available in Barry Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1412-14.3%

Summary: The Barry Township real estate market had 12 homes for sale in September 2024, a 14.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 34
+33.3%
4 63
-50.0%
5+ 23
+50.0%

Summary: The Barry Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
71-85.7%

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 Barry Township, 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 Barry Township in September 2024, down by 85.7% month-over-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 Barry Township, MI

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

Average Sale Time

Sep 2023Sep 2024CHANGE
26 Days1 Day-96.2%

Summary: Homes in Barry Township had an average of 1 days on market in Sep 2024, down by 96.2% compared to last year.

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 Barry Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 1 homes were sold in Barry Township; 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 30 Days Ago

Newest Listings in Barry Township, MI

Nearby Markets to Barry Township, MI

What housing markets are near Barry Township, MI?