$819 Closing Credit*
$69,000
1,451 SqFt
3 Beds
•1 Full Bath
John Echterling, Listing Office: @properties Christies Intl R.E. Detroit
Is Barton-McFarland, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$63,750
$46/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$10,750(+20.3%)
Key Takeaway
Homes in Barton-McFarland have sold for 20.3% more than they did a year ago.
Summary: The median home sold price in Barton-McFarland was $63,750 in December 2024, up 20.3% from last year, and the median price per square foot was $46.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $45.5K | $39K | -14.3% |
| 3 Bedrooms | $55K | $67.2K | +22.3% |
| 4 Bedrooms | $119.1K | $50K | -58.0% |
| 5+ Bedrooms | $66K | $127.4K | +93.1% |
Summary: Barton-McFarland housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 22.3%, 4 bedroom homes decreased by 58%, and 5+ bedroom homes increased by 93.1%.
Median Sold Price Compared To Nearby Neighborhoods
| West Central | $60K | $72.9K | +21.5% |
| Barton-McFarland | $53K | $63.7K | +20.3% |
| Aviation Subdivision | $111K | $125K | +12.6% |
| Mackenzie | $60K | $63K | +5.0% |
Housing Supply in Barton-McFarland, MI
How many homes are available in Barton-McFarland, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 56 | 50 | -10.7% |
Summary: The Barton-McFarland real estate market had 50 homes for sale in December 2024, a 10.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 35 | 32 | -8.6% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Barton-McFarland housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 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. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Barton-McFarland in December 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 20 Days | 53 Days | +161.1% |
Summary: Homes in Barton-McFarland had an average of 53 days on market in Dec 2024, up by 161.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Barton-McFarland are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 10 homes were sold in Barton-McFarland; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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.