$1,543 Closing Credit*
$129,900
800 SqFt
2 Beds
•1 Full Bath
Adam Carter, Listing Office: Five Star Real Estate
Is Saint Joseph County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Saint Joseph County has remained a Seller's Market.
Key Takeaway
Saint Joseph County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Joseph County, MI
How much do homes in Saint Joseph County, MI cost?
Median Sold Price
$204,515
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,625(+8.8%)
Key Takeaway
Homes in Saint Joseph County have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Saint Joseph County was $204,515 in November 2024, up 8.8% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132K | $136K | +3.0% |
| 2 Bedrooms | $135K | $148K | +9.6% |
| 3 Bedrooms | $184.9K | $199.1K | +7.7% |
| 4 Bedrooms | $245K | $269.9K | +10.2% |
| 5+ Bedrooms | $287K | $375K | +30.7% |
Summary: Saint Joseph County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 30.7%.
Median Sold Price Compared To Nearby Counties
| Cass County | $215.2K | $252.7K | +17.4% |
| Saint Joseph County | $187.8K | $204.5K | +8.8% |
| Branch County | $189.9K | $200K | +5.3% |
Housing Supply in Saint Joseph County, MI
How many homes are available in Saint Joseph County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 234 | 214 | -8.5% |
Summary: The Saint Joseph County real estate market had 214 homes for sale in November 2024, a 8.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 41 | 39 | -4.9% |
| 3 Bedrooms | 108 | 92 | -14.8% |
| 4 Bedrooms | 59 | 60 | +1.7% |
| 5+ Bedrooms | 21 | 19 | -9.5% |
Summary: The Saint Joseph County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 9.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 52 | -5.5% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Joseph County, you may be able to get a good deal. 67.3% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Saint Joseph County in November 2024, down by 5.5% month-over-month. Of the 52 sold homes, 67% were sold under asking, 15% were sold at asking, and 17% were sold over asking.
Days on Market for Saint Joseph County, MI
How long does it take to sell a home in Saint Joseph County, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 36 Days | +45.9% |
Summary: Homes in Saint Joseph County had an average of 36 days on market in Nov 2024, up by 45.9% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Joseph County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 52 homes were sold in Saint Joseph County; 60% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
