Housing Prices in Pentwater, MI

How much do homes in Pentwater, MI cost?

Median List Price

$397,000

$284/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$54,550(+15.9%)

Key Takeaway

The list price of homes in Pentwater has increased by 15.9% since last year.

Summary: The median home list price in Pentwater was $397,000 in May 2024, up 15.9% from the previous year, and the median price per square foot was $284.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $124.4K$265.9K
+113.7%
2 $271.7K$350K
+28.8%
3 $320.4K$379.9K
+18.6%
4 $450K$399K
-11.3%
5+ $1.2M$1.0M
-13.4%

Summary: Pentwater housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 113.7%, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 13.4%.

Median List Price Compared To Nearby Cities

Pentwater
+15.9%
Pentwater Township
+15.9%

Housing Supply in Pentwater, MI

How many homes are available in Pentwater, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1728+64.7%

Summary: The Pentwater real estate market had 28 homes for sale in May 2024, a 64.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 710
+42.9%
4 47
+75.0%
5+ 25
+150.0%

Summary: The Pentwater housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 150%.

Days on Market for Pentwater, MI

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

Average Listing Age

May 2023May 2024CHANGE
168 Days68 Days-59.0%

Summary: Homes in Pentwater had an average listing age of 68 days in May 2024, down by 59% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Pentwater, MI

Nearby Markets to Pentwater, MI

What housing markets are near Pentwater, MI?