$249,000
50.00 Acres
Land
Joe Flood, Listing Office: @properties Christie's International R.E.
Is Van Buren County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Van Buren County was a Seller's Market.
Key Takeaway
Van Buren 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 Van Buren County, MI
How much do homes in Van Buren County, MI cost?
Median Sold Price
$294,900
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,645(+5.2%)
Key Takeaway
Homes in Van Buren County have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Van Buren County was $294,900 in November 2024, up 5.2% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $239.9K | $184.2K | -23.2% |
| 2 Bedrooms | $194.6K | $225K | +15.6% |
| 3 Bedrooms | $249.9K | $265K | +6.0% |
| 4 Bedrooms | $337.9K | $346.5K | +2.5% |
| 5+ Bedrooms | $575K | $615K | +7.0% |
Summary: Van Buren County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.2%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Counties
| Cass County | $215.2K | $252.7K | +17.4% |
| Kalamazoo County | $249.3K | $265K | +6.3% |
| Van Buren County | $280.2K | $294.9K | +5.2% |
| Allegan County | $299.2K | $306.6K | +2.5% |
Housing Supply in Van Buren County, MI
How many homes are available in Van Buren County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 365 | 319 | -12.6% |
Summary: The Van Buren County real estate market had 319 homes for sale in November 2024, a 12.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 52 | 45 | -13.5% |
| 3 Bedrooms | 154 | 123 | -20.1% |
| 4 Bedrooms | 104 | 96 | -7.7% |
| 5+ Bedrooms | 46 | 46 | 0.0% |
Summary: The Van Buren 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 13.5%, 3 bedroom homes decreased by 20.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 52 | -42.2% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Van Buren County, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Van Buren County in November 2024, down by 42.2% month-over-month. Of the 52 sold homes, 48% were sold under asking, 19% were sold at asking, and 33% were sold over asking.
Days on Market for Van Buren County, MI
How long does it take to sell a home in Van Buren County, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 60 Days | +67.0% |
Summary: Homes in Van Buren County had an average of 60 days on market in Nov 2024, up by 67% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Van Buren County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 52 homes were sold in Van Buren County; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.