$713 Closing Credit*
$60,000
850 SqFt
2 Beds
•1 Full Bath
Jill Golden, Listing Office: Realty Executives Instant Equity
Is Berrien County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Berrien County has remained a Seller's Market.
Key Takeaway
Berrien County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berrien County, MI
How much do homes in Berrien County, MI cost?
Median Sold Price
$275,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,551(+5.6%)
Key Takeaway
Homes in Berrien County have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Berrien County was $275,000 in November 2024, up 5.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155.7K | $250.5K | +60.8% |
| 2 Bedrooms | $177K | $188.2K | +6.4% |
| 3 Bedrooms | $239.8K | $250K | +4.3% |
| 4 Bedrooms | $392.2K | $350.8K | -10.6% |
| 5+ Bedrooms | $557.4K | $599K | +7.5% |
Summary: Berrien County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.8%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Counties
| Cass County | $215.2K | $252.7K | +17.4% |
| Berrien County | $260.4K | $275K | +5.6% |
| Van Buren County | $280.2K | $294.9K | +5.2% |
Housing Supply in Berrien County, MI
How many homes are available in Berrien County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 873 | 806 | -7.7% |
Summary: The Berrien County real estate market had 806 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 12 | +20.0% |
| 2 Bedrooms | 149 | 137 | -8.1% |
| 3 Bedrooms | 360 | 318 | -11.7% |
| 4 Bedrooms | 244 | 228 | -6.6% |
| 5+ Bedrooms | 110 | 111 | +0.9% |
Summary: The Berrien County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 0.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 215 | 151 | -29.8% |
Asking Price vs. Sold Price
95 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berrien County, you may be able to get a good deal. 62.9% of homes here sold below asking price last month.
Summary: A total of 151 homes were sold or pending in Berrien County in November 2024, down by 29.8% month-over-month. Of the 151 sold homes, 63% were sold under asking, 20% were sold at asking, and 17% were sold over asking.
Days on Market for Berrien County, MI
How long does it take to sell a home in Berrien County, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 38 Days | +2.6% |
Summary: Homes in Berrien County had an average of 38 days on market in Nov 2024, up by 2.6% compared to last year.
Breakdown of Home Sale Times
83 Homes Were Sold
Under 30 Days
52 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Berrien County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 151 homes were sold in Berrien County; 55% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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