$653 Closing Credit*
$55,000
1,503 SqFt
2 Beds
•1 Full Bath
Diane L Ives, Listing Office: United Country Great Lakes Realty & Auction
Is Briley Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Briley Township has remained a Seller's Market.
Key Takeaway
Briley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Briley Township, MI
How much do homes in Briley Township, MI cost?
Median Sold Price
$155,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+19.2%)
Key Takeaway
Homes in Briley Township have sold for 19.2% more than they did a year ago.
Summary: The median home sold price in Briley Township was $155,000 in October 2024, up 19.2% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $66K | $82K | +24.2% |
| 2 Bedrooms | $110K | $155K | +40.9% |
| 3 Bedrooms | $133.5K | $184.5K | +38.2% |
| 4 Bedrooms | $365K | $197.5K | -45.9% |
| 5+ Bedrooms | $204K | - | N/A |
Summary: Briley Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.2%, 2 bedroom homes increased by 40.9%, 3 bedroom homes increased by 38.2%, 4 bedroom homes decreased by 45.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Avery Township | $171.6K | $210K | +22.4% |
| Briley Township | $130K | $155K | +19.2% |
| Atlanta | $135K | $155K | +14.8% |
Housing Supply in Briley Township, MI
How many homes are available in Briley Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Briley Township real estate market had 16 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Briley Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Briley Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Briley Township in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Briley Township, MI
We’re sorry, we don't have information for this market at the moment
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