Is Calhoun County, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calhoun County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Calhoun County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Calhoun County, MI

How much do homes in Calhoun County, MI cost?

Median Sold Price

$180,160

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,182(+6.0%)

Key Takeaway

Homes in Calhoun County have sold for 6% more than they did a year ago.

Summary: The median home sold price in Calhoun County was $180,160 in November 2024, up 6% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $92.5K$94.5K
+2.2%
2 $122K$135K
+10.7%
3 $170K$185K
+8.9%
4 $244.3K$245K
0.3%
5+ $300K$297K
-1.0%

Summary: Calhoun County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Counties

Eaton County
+9.2%
Barry County
+9.0%
Kalamazoo County
+6.3%
Calhoun County
+6.0%
Branch County
+5.3%

Housing Supply in Calhoun County, MI

How many homes are available in Calhoun County, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
549489-10.9%

Summary: The Calhoun County real estate market had 489 homes for sale in November 2024, a 10.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 10089
-11.0%
3 299266
-11.0%
4 119106
-10.9%
5+ 2825
-10.7%

Summary: The Calhoun County 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 11%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes decreased by 10.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
140107-23.6%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calhoun County, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

Summary: A total of 107 homes were sold or pending in Calhoun County in November 2024, down by 23.6% month-over-month. Of the 107 sold homes, 51% were sold under asking, 28% were sold at asking, and 21% were sold over asking.

Days on Market for Calhoun County, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days31 Days+7.5%

Summary: Homes in Calhoun County had an average of 31 days on market in Nov 2024, up by 7.5% compared to last year.

Breakdown of Home Sale Times

63 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Calhoun County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 107 homes were sold in Calhoun County; 59% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 7% 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 Calhoun County, MI

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