Is Battle Creek, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Battle Creek is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Battle Creek has remained a Seller's Market.

Key Takeaway

Battle Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Battle Creek, MI

How much do homes in Battle Creek, MI cost?

Median Sold Price

$180,393

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$11,997(+7.1%)

Key Takeaway

Homes in Battle Creek have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Battle Creek was $180,393 in December 2024, up 7.1% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $95K$92.9K
-2.2%
2 $120K$135K
+12.5%
3 $172.6K$188.8K
+9.4%
4 $235K$247K
+5.1%
5+ $305K$345K
+13.1%

Summary: Battle Creek housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 13.1%.

Median Sold Price Compared To Nearby Cities

Bedford Charter Township
+25.9%
Springfield
+11.0%
Battle Creek
+7.1%
Pennfield Charter Township
+5.0%
Emmett Charter Township
+3.5%

Housing Supply in Battle Creek, MI

How many homes are available in Battle Creek, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
318283-11.0%

Summary: The Battle Creek real estate market had 283 homes for sale in December 2024, a 11.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 24
+100.0%
2 6252
-16.1%
3 172160
-7.0%
4 6855
-19.1%
5+ 1412
-14.3%

Summary: The Battle Creek housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.1%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 19.1%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
8371-14.5%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Battle Creek, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in Battle Creek in December 2024, down by 14.5% month-over-month. Of the 71 sold homes, 56% were sold under asking, 17% were sold at asking, and 27% were sold over asking.

Days on Market for Battle Creek, MI

How long does it take to sell a home in Battle Creek, MI?

Average Sale Time

Dec 2023Dec 2024CHANGE
19 Days30 Days+56.9%

Summary: Homes in Battle Creek had an average of 30 days on market in Dec 2024, up by 56.9% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Battle Creek are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 71 homes were sold in Battle Creek; 66% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% 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 4 Days Ago

Newest Listings in Battle Creek, MI

Nearby Markets to Battle Creek, MI

What housing markets are near Battle Creek, MI?