Is Brady Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brady Township is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Brady Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brady Township, MI

How much do homes in Brady Township, MI cost?

Median Sold Price

$266,250

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$4,040(-1.5%)

Key Takeaway

Homes in Brady Township have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Brady Township was $266,250 in December 2024, down 1.5% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $20.2K$6K
-70.4%
2 $201.9K$171.8K
-14.9%
3 $260K$226K
-13.1%
4 $289.9K$334.9K
+15.5%
5+ $446.9K$489.9K
+9.6%

Summary: Brady Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.4%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Cities

Brady Township
-1.5%
Vicksburg
-3.5%
Schoolcraft Township
-3.6%

Housing Supply in Brady Township, MI

How many homes are available in Brady Township, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1413-7.1%

Summary: The Brady Township real estate market had 13 homes for sale in December 2024, a 7.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 99
0.0%
4 42
-50.0%
5+ 00
0.0%

Summary: The Brady Township 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brady Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Brady Township in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Brady Township, MI

How long does it take to sell a home in Brady Township, MI?

Average Sale Time

Dec 2023Dec 2024CHANGE
33 Days12 Days-62.9%

Summary: Homes in Brady Township had an average of 12 days on market in Dec 2024, down by 62.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 3 homes were sold in Brady Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 Brady Township, MI

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What housing markets are near Brady Township, MI?