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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cass County is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Cass County was a Seller's Market.

Key Takeaway

Cass 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 Cass County, MI

How much do homes in Cass County, MI cost?

Median Sold Price

$250,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,000(+17.4%)

Key Takeaway

Homes in Cass County have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in Cass County was $250,000 in October 2024, up 17.4% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $190K$145K
-23.7%
2 $157.5K$155K
-1.6%
3 $205K$245K
+19.5%
4 $320K$321.9K
+0.6%
5+ $385K$505K
+31.2%

Summary: Cass County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.7%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 31.2%.

Median Sold Price Compared To Nearby Counties

Cass County
+17.4%
Saint Joseph County
+7.5%
Kalamazoo County
+7.1%
Van Buren County
+5.3%

Housing Supply in Cass County, MI

How many homes are available in Cass County, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
201206+2.5%

Summary: The Cass County real estate market had 206 homes for sale in October 2024, a 2.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 59
+80.0%
2 2929
0.0%
3 10399
-3.9%
4 4246
+9.5%
5+ 2223
+4.5%

Summary: The Cass County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 4.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4332-25.6%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cass County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Cass County in October 2024, down by 25.6% month-over-month. Of the 32 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Cass County, MI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
55 Days38 Days-30.3%

Summary: Homes in Cass County had an average of 38 days on market in Oct 2024, down by 30.3% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 32 homes were sold in Cass County; 56% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 9% 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 4 Days Ago

Newest Listings in Cass County, MI

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What housing markets are near Cass County, MI?