Is Pinconning Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Pinconning Township was a Buyer's Market.
Housing Prices in Pinconning Township, MI
How much do homes in Pinconning Township, MI cost?
Median Sold Price
$160,000
$117/sqft
Based on all homes sold in November 2023.
Difference Since Last Month
Summary: The median home sold price in Pinconning Township was $160,000 in November 2023, up 39.1% from last month, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $130K | N/A |
3 Bedrooms | $115K | $190K | +65.2% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Pinconning Township housing prices by bedroom type for November 2023 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 65.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pinconning Township | $115K | $160K | +39.1% |
Lincoln Township | $119K | $165K | +38.7% |
Fraser Township | $259K | $200K | -22.8% |
Housing Supply in Pinconning Township, MI
How many homes are available in Pinconning Township, MI?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Summary: The Pinconning Township real estate market had 12 homes for sale in November 2023, a 9.1% increase compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pinconning Township housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Pinconning Township in November 2023, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Pinconning Township, MI
How long does it take to sell a home in Pinconning Township, MI?
Average Sale Time
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
24 Days | 3 Days | -85.4% |
Summary: Homes in Pinconning Township had an average of 3 days on market in Nov 2023, down by 85.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During November 2023, 2 homes were sold in Pinconning 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.