Is Pleasant Plains Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Pleasant Plains Township was a Seller's Market.
Key Takeaway
Pleasant Plains Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pleasant Plains Township, MI
How much do homes in Pleasant Plains Township, MI cost?
Median Sold Price
$150,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pleasant Plains Township have sold for 22.5% more than they did a year ago.
Summary: The median home sold price in Pleasant Plains Township was $150,000 in May 2024, up 22.5% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75.9K | $150K | +97.6% |
| 2 Bedrooms | $71.5K | $183.5K | +156.6% |
| 3 Bedrooms | $140K | $110K | -21.4% |
| 4 Bedrooms | $63K | $169.3K | +168.8% |
| 5+ Bedrooms | $173K | - | N/A |
Summary: Pleasant Plains Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.6%, 2 bedroom homes increased by 156.6%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 168.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pleasant Plains Township | $122.4K | $150K | +22.5% |
| Baldwin | $129.9K | $134.9K | +3.8% |
Housing Supply in Pleasant Plains Township, MI
How many homes are available in Pleasant Plains Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Summary: The Pleasant Plains Township real estate market had 15 homes for sale in May 2024, a 50.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pleasant Plains Township 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 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Plains Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Pleasant Plains Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pleasant Plains Township, MI
How long does it take to sell a home in Pleasant Plains Township, MI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 53 Days | 23 Days | -55.7% |
Summary: Homes in Pleasant Plains Township had an average of 23 days on market in May 2024, down by 55.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pleasant Plains Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Pleasant Plains Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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. Copyright MiRealSource.