$2,789 Closing Credit*
$234,900
1,768 SqFt
3 Beds
•2 Full Baths
Howard McLauchlin, Listing Office: McLauchlin Realty, Inc.
Is Berrien Springs, 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 Springs has remained a Seller's Market.
Key Takeaway
Berrien Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berrien Springs, MI
How much do homes in Berrien Springs, MI cost?
Median Sold Price
$309,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,000(-0.3%)
Key Takeaway
The sold price of homes in Berrien Springs has remained the same since last year.
Summary: The median home sold price in Berrien Springs was $309,000 in November 2024, down 0.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $375K | N/A |
| 2 Bedrooms | $179.5K | $518K | +188.6% |
| 3 Bedrooms | $266.5K | $269.9K | +1.3% |
| 4 Bedrooms | $354K | $340K | -4.0% |
| 5+ Bedrooms | $320K | $370K | +15.6% |
Summary: Berrien Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 188.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
| Oronoko Charter Township | $270K | $289.5K | +7.2% |
| Berrien Springs | $310K | $309K | -0.3% |
| Berrien Township | $325K | $293K | -9.8% |
Housing Supply in Berrien Springs, MI
How many homes are available in Berrien Springs, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 35 | -14.6% |
Summary: The Berrien Springs real estate market had 35 homes for sale in November 2024, a 14.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 17 | 12 | -29.4% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Berrien Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 29.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Berrien Springs, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Berrien Springs in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Berrien Springs, MI
How long does it take to sell a home in Berrien Springs, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 65 Days | -8.5% |
Summary: Homes in Berrien Springs had an average of 65 days on market in Nov 2024, down by 8.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Berrien Springs has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Berrien Springs; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
