49120 Housing Market Report March 2025•Berrien County, Michigan

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Housing Prices in 49120, MI

How much do homes in 49120, MI cost?

Housing Market Conditions

Is 49120, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

49120 is a Seller's Market

Difference Since March 2024

Since last year, 49120 has remained a Seller's Market.

Insight

49120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$197,500$142/SqFt
+$12,500
+6.8%

Based on all homes sold in the last 12 months

Insight

Homes in 49120 have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in 49120 was $197,500 in March 2025, up 6.8% from last year, and the median price per square foot was $142.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
49120
+6.8%
49107
-4.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$65K$128K
+96.9%
2$138.3K$142K
+2.6%
3$180.1K$209.5K
+16.3%
4$270K$246.2K
-8.8%
5$470K$461K
-1.9%

Summary: 49120 housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +96.9%. The home price for 2 bedroom homes increased by +2.6%. The home price for 3 bedroom homes increased by +16.3%. The home price for 4 bedroom homes decreased by -8.8%. The home price for 5 bedroom homes decreased by -1.9%.

How does 49120, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

49120, MI

Housing supply in 49120, MI

How many homes are available in 49120, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
114Last MonthMar 2025
1032 months agoFeb 2025
+10.7 %
Change MoMFeb – Mar

Summary: The 49120 real estate market had 114 homes for sale in Mar 2025, a 10.7 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
25Last MonthMar 2025
232 months agoFeb 2025
+8.7 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
112
+100.0%
21915
-21.1%
35257
+9.6%
42124
+14.3%
51016
+60.0%

Summary: 49120 housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -21.1%. The inventory for 3 bedroom homes increased by +9.6%. The inventory for 4 bedroom homes increased by +14.3%. The inventory for 5 bedroom homes increased by +60.0%.

Asking Price vs. Sold Price

How much do homes in 49120, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price8 Homes

Under Asking Price13 Homes

Insight

If you're buying a home in 49120, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 49120 in March 2025, up by 8.7% month-over-month. Of the 25 sold homes, 52% were sold under asking, 32% were sold at asking, and and 16% were sold over asking.

Days on Market for 49120, MI

How long does it take to sell a home in 49120, MI?

Breakdown of Home Sale Times

Under 30 Days13 Homes

30 – 90 Days10 Homes

Over 90 Days2 Homes

Insight

Many homes in 49120 are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 25 homes were sold in 49120; 52% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
48 DaysThis YearMar 2025
54 Days1 year agoMar 2024
-11.7 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in 49120 had an average listing age of 48 days in Mar 2025, down by 11.7% compared to the previous year.

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Newest Listings in 49120, MI

What homes are available in 49120, MI?

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MLS Disclaimers and Copyright

Based on information from RealComp II Ltd., Michigan Regional Information Center LLC, Indiana Regional MLS, and MiRealSource Inc. DL for the period 04/01/2023 - 04/01/2025

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 12:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 12:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 12:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.