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 20 Days Ago

Newest Listings in Cass County, MI

Nearby Markets to Cass County, MI

What housing markets are near Cass County, MI?