Is Britton, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Britton is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Britton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Britton, MI

How much do homes in Britton, MI cost?

Median Sold Price

$335,000

$165/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$112,100(+50.3%)

Key Takeaway

Homes in Britton have sold for 50.3% more than they did a month ago.

Summary: The median home sold price in Britton was $335,000 in November 2024, up 50.3% from last month, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $169K$357.7K
+111.7%
4 $243.4K$335K
+37.6%
5+ --
N/A

Summary: Britton housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 111.7%, 4 bedroom homes increased by 37.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Britton
+50.3%
Ridgeway Township
+28.2%

Housing Supply in Britton, MI

How many homes are available in Britton, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
107-30.0%

Summary: The Britton real estate market had 7 homes for sale in November 2024, a 30.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 53
-40.0%
5+ 11
0.0%

Summary: The Britton 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were 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 Britton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Britton in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Britton, MI

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

Average Sale Time

Oct 2024Nov 2024CHANGE
84 Days94 Days+11.0%

Summary: Homes in Britton had an average of 94 days on market in Nov 2024, up by 11% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Britton has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Britton; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Britton, MI

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