Battle Creek-area home prices rise 21.6% in March, with houses for sale in high demand

Judith Zeng
The median sales price for a single-family home in Richmond County has decreased 1.4% since March 2021.

The median product sales price tag for a one-relatives home in Richmond County has diminished 1.4% since March 2021.

A common Calhoun County household outlined for $194,450 in March, up 21.6% from a thirty day period before, an evaluation of facts from Real estate agent.com demonstrates.

The median record household cost in March was up about 12.8% from March 2021. Calhoun County’s median property was 1,593 square feet for a listed selling price of $114 for every square foot.

The Calhoun County industry was chaotic, with a median 59 days on current market. The market included 160 new residence listings in March, as opposed with the 124 extra in March 2021. The current market finished the thirty day period with some 123 listings of households for sale.

Data on your regional housing industry is readily available through the United states Today Community, with much more data from Realtor.com.

Across all of Michigan, median household costs ended up $241,950, growing 6.4% from a month previously. The median Michigan home for sale had 1,532 sq. ft at checklist cost of $156 for each sq. foot.

Across the United States, median house price ranges were being $404,950, up 3.2% from a month earlier. The median American home for sale experienced 1,800 square ft, mentioned at $214 for each square foot.

The median residence listing price — the halfway place of all the properties or units detailed over a period of time — is employed a lot more usually in this report as a substitute of the typical residence checklist price tag for the reason that experts say the median gives a a lot more correct check out of what’s occurring in a market place. In discovering the ordinary value, all rates of residences mentioned are extra and then divided by the variety of houses offered. This measure can be skewed by one particular reduced or superior value.

The Usa Today Community is publishing localized variations of this tale on its news web-sites across the region, generated with data from the Realtor.com household listings databases.. The story was penned by Mike Stucka and Sean Lahman.

This article initially appeared on Fight Creek Enquirer: Struggle Creek-space households for sale rise to $194,450 median rate

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