Is Gladwin County, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gladwin County is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Gladwin County, MI cost?

Median Sold Price

$162,606

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$17,606(+12.1%)

Key Takeaway

Homes in Gladwin County have sold for 12.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $54.2K$99.9K
+84.3%
2 $120K$130K
+8.3%
3 $149.9K$175K
+16.7%
4 $195K$285K
+46.2%
5+ $314K$252K
-19.7%

Median Sold Price Compared To Nearby Counties

Arenac County
+24.4%
Midland County
+19.7%
Gladwin County
+12.1%
Clare County
+10.6%
Bay County
+10.0%

How many homes are available in Gladwin County, MI?

Number of Homes For Sale

Jul 2022Aug 2022%
201214+6.5%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 89
+12.5%
2 6672
+9.1%
3 110111
+0.9%
4 1317
+30.8%
5+ 45
+25.0%

Number of Homes Sold

Jul 2022Aug 2022%
4351+18.6%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gladwin County, you may be able to get a good deal. 68% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
39 Days36 Days-8.4%

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Gladwin County, MI

Gladwin County, MI has 214 homes on the market. In August 2022 in Gladwin County, MI there were 6.5% more homes for sale than in July 2022. The median list price of listings available in August 2022 was $162,606, while the average time on the real estate market was 36 days. This housing market listing prices have changed between July 2022 and August 2022: the cost of 1 bedroom properties went up by 84.3%, 2 bedrooms properties became 8.3% more expensive, the cost of 3 bedrooms properties went up by 16.7%, prices of 4 bedrooms properties increased by 46.2%, the cost of 5 bedrooms properties went down by 19.7%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went up by 12.5%, number of 2 bedrooms homes increased by 9.1%, number of 3 bedrooms homes increased by 0.9%, the quantity of 4 bedrooms homes went up by 30.8%, 5 bedrooms homes inventory increased by 25%. Gladwin County, MI housing market in August 2022 saw over 10 listings sold above listed price, more than 6 sold at listed price and over 34 sold below.

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