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 November 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

$251,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$25,910(-9.4%)

Key Takeaway

Homes in Brady Township have sold for 9.4% less than they did a year ago.

Summary: The median home sold price in Brady Township was $251,000 in November 2024, down 9.4% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $20.2K$6K
-70.4%
2 $132.9K$175K
+31.7%
3 $265.8K$215K
-19.1%
4 $289.9K$334.9K
+15.5%
5+ $446.9K$489.9K
+9.6%

Summary: Brady Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.4%, 2 bedroom homes increased by 31.7%, 3 bedroom homes decreased by 19.1%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Cities

Pavilion Township
+16.7%
Scotts
+12.4%
Schoolcraft Township
-4.5%
Vicksburg
-4.8%
Brady Township
-9.4%

Housing Supply in Brady Township, MI

How many homes are available in Brady Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
14140.0%

Summary: The Brady Township real estate market had 14 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 99
0.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The Brady Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Brady Township in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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

Nov 2023Nov 2024CHANGE
5 Days32 Days+526.9%

Summary: Homes in Brady Township had an average of 32 days on market in Nov 2024, up by 526.9% compared to last year.

Breakdown of Home Sale Times

4 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 November 2024, 5 homes were sold in Brady Township; 80% of homes were sold within 30 days, 20% 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 2 Days Ago

Newest Listings in Brady Township, MI

Nearby Markets to Brady Township, MI

What housing markets are near Brady Township, MI?