$772 Closing Credit*
$65,000
849 SqFt
2 Beds
•1 Full Bath
Paul Nichols, Listing Office: Worth Clark Realty
Is Barton-McFarland, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Barton-McFarland has remained a Seller's Market.
Key Takeaway
Barton-McFarland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barton-McFarland, MI
How much do homes in Barton-McFarland, MI cost?
Median Sold Price
$56,500
$51/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$500(+0.9%)
Key Takeaway
Homes in Barton-McFarland have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Barton-McFarland was $56,500 in October 2024, up 0.9% from last year, and the median price per square foot was $51.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $43.7K | $38K | -13.1% |
| 3 Bedrooms | $56K | $61K | +8.9% |
| 4 Bedrooms | $119.6K | $50K | -58.2% |
| 5+ Bedrooms | $66K | $127.4K | +93.1% |
Summary: Barton-McFarland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 58.2%, and 5+ bedroom homes increased by 93.1%.
Median Sold Price Compared To Nearby Neighborhoods
| West Central | $59.9K | $72K | +20.2% |
| Aviation Subdivision | $112K | $125K | +11.6% |
| Barton-McFarland | $56K | $56.5K | +0.9% |
| Mackenzie | $60K | $57K | -5.0% |
Housing Supply in Barton-McFarland, MI
How many homes are available in Barton-McFarland, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 67 | +19.6% |
Summary: The Barton-McFarland real estate market had 67 homes for sale in October 2024, a 19.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 41 | 47 | +14.6% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Barton-McFarland 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 increased by 50%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 20 | +150.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barton-McFarland, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Barton-McFarland in October 2024, up by 150.0% month-over-month. Of the 20 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Barton-McFarland, MI
How long does it take to sell a home in Barton-McFarland, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 49 Days | -23.2% |
Summary: Homes in Barton-McFarland had an average of 49 days on market in Oct 2024, down by 23.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Barton-McFarland has remained consistent over time.
Summary: During October 2024, 20 homes were sold in Barton-McFarland; 40% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.