Is Gun Plain Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Gun Plain Township was a Neutral Market.
Housing Prices in Gun Plain Township, MI
How much do homes in Gun Plain Township, MI cost?
Median Sold Price
$300,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Gun Plain Township was $300,000 in March 2024, up 12.1% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $171K | $157.5K | -7.9% |
3 Bedrooms | $225K | $282.5K | +25.6% |
4 Bedrooms | $316.9K | $347.5K | +9.6% |
5+ Bedrooms | $443.2K | $525K | +18.4% |
Summary: Gun Plain Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 18.4%.
Median Sold Price Compared To Nearby Cities
Plainwell | $230K | $269.9K | +17.3% |
Gun Plain Township | $267.6K | $300K | +12.1% |
Cooper Charter Township | $229K | $255K | +11.4% |
Prairieville Township | $315.9K | $350K | +10.8% |
Housing Supply in Gun Plain Township, MI
How many homes are available in Gun Plain Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Summary: The Gun Plain Township real estate market had 12 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Gun Plain Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Gun Plain Township in March 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Gun Plain Township, MI
How long does it take to sell a home in Gun Plain Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 5 Days | -28.6% |
Summary: Homes in Gun Plain Township had an average of 5 days on market in Mar 2024, down by 28.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Gun Plain Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.