Is Baroda Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Baroda Township was a Buyer's Market.
Housing Prices in Baroda Township, MI
How much do homes in Baroda Township, MI cost?
Median Sold Price
$525,000
$223/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Baroda Township was $525,000 in May 2024, up 288.9% from last month, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $135K | $581K | +330.4% |
4 Bedrooms | - | $280K | N/A |
5+ Bedrooms | - | $525K | N/A |
Summary: Baroda Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 330.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Baroda Township | $135K | $525K | +288.9% |
Baroda | $135K | $525K | +288.9% |
Housing Supply in Baroda Township, MI
How many homes are available in Baroda Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Summary: The Baroda Township real estate market had 12 homes for sale in May 2024, a 20.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Baroda Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Baroda Township in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Baroda Township, MI
How long does it take to sell a home in Baroda Township, MI?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 Days | 113 Days | +198.2% |
Summary: Homes in Baroda Township had an average of 113 days on market in May 2024, up by 198.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Baroda Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.