Is Brady Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Brady Township was a Seller's Market.
Housing Prices in Brady Township, MI
How much do homes in Brady Township, MI cost?
Median Sold Price
$235,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Brady Township was $235,500 in May 2024, up 0.2% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $13.1K | N/A |
2 Bedrooms | $146.9K | $193.4K | +31.6% |
3 Bedrooms | $237.5K | $230.5K | -2.9% |
4 Bedrooms | $295K | $289.9K | -1.8% |
5+ Bedrooms | $440K | $772.5K | +75.6% |
Summary: Brady Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.6%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 75.6%.
Median Sold Price Compared To Nearby Cities
Pavilion Township | $272.5K | $325K | +19.3% |
Scotts | $298K | $326K | +9.4% |
Vicksburg | $260K | $278.4K | +7.1% |
Schoolcraft Township | $285K | $304.5K | +6.8% |
Brady Township | $235.1K | $235.5K | 0.2% |
Housing Supply in Brady Township, MI
How many homes are available in Brady Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Summary: The Brady Township real estate market had 14 homes for sale in May 2024, a 40.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 6 | 11 | +83.3% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Brady Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 83.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Brady Township in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
19 Days | 23 Days | +16.9% |
Summary: Homes in Brady Township had an average of 23 days on market in May 2024, up by 16.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Brady Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.