$1,959 Closing Credit*
$165,000
980 SqFt
2 Beds
•1 Full Bath
Melissa Kennedy, Connie L Crusciel, Listing Office: Coldwell Banker Morehart Realty
Is Branch County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Branch County was a Seller's Market.
Key Takeaway
Branch County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Branch County, MI
How much do homes in Branch County, MI cost?
Median Sold Price
$200,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,033(+5.3%)
Key Takeaway
Homes in Branch County have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Branch County was $200,000 in November 2024, up 5.3% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $100K | +5.3% |
| 2 Bedrooms | $152.5K | $145K | -4.9% |
| 3 Bedrooms | $196K | $200K | +2.0% |
| 4 Bedrooms | $213.5K | $261K | +22.2% |
| 5+ Bedrooms | $339.5K | $324.9K | -4.3% |
Summary: Branch County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Counties
| Hillsdale County | $175K | $192.1K | +9.8% |
| Saint Joseph County | $187.8K | $204.5K | +8.8% |
| Calhoun County | $169.9K | $180.1K | +6.0% |
| Branch County | $189.9K | $200K | +5.3% |
Housing Supply in Branch County, MI
How many homes are available in Branch County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 193 | 174 | -9.8% |
Summary: The Branch County real estate market had 174 homes for sale in November 2024, a 9.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 6 | +200.0% |
| 2 Bedrooms | 29 | 30 | +3.4% |
| 3 Bedrooms | 92 | 82 | -10.9% |
| 4 Bedrooms | 53 | 45 | -15.1% |
| 5+ Bedrooms | 17 | 11 | -35.3% |
Summary: The Branch County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 35.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 26 | -53.6% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Branch County, you may be able to get a good deal. 73.1% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Branch County in November 2024, down by 53.6% month-over-month. Of the 26 sold homes, 73% were sold under asking, 15% were sold at asking, and 12% were sold over asking.
Days on Market for Branch County, MI
How long does it take to sell a home in Branch County, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 49 Days | -4.3% |
Summary: Homes in Branch County had an average of 49 days on market in Nov 2024, down by 4.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Branch County has remained consistent over time.
Summary: During November 2024, 26 homes were sold in Branch County; 31% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.