Is Pinconning Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pinconning Township is a neutral's market

Buyer's
Market

Difference Since June 2021

At the same time last year, Pinconning Township was a Seller's Market.

Key Takeaway

Pinconning Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Pinconning Township, MI cost?

Median Sold Price

$164,900

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$26,400(+19.1%)

Key Takeaway

Homes in Pinconning Township have sold for 19.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $140K-
N/A
2 $99.6K$130K
+30.5%
3 $148.7K$165K
+10.9%
4 $226.5K$400K
+76.6%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Pinconning Township
+19.1%
Fraser Township
+7.0%

How many homes are available in Pinconning Township, MI?

Number of Homes For Sale

May 2022Jun 2022%
47+75.0%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 00
0.0%
2 11
0.0%
3 36
+100.0%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

May 2022Jun 2022%
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pinconning Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Jun 2021Jun 2022%
22 Days2 Days-91.1%

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pinconning Township 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 Pinconning Township, MI

There are 7 homes are for sale in Pinconning Township, MI real estate market. The inventory of homes for sale in Pinconning Township, MI between May 2022 and June 2022 increased by 75%. In June 2022 median list price was $164,900 and the average listing age was 2 days. This housing market listing prices have changed between May 2022 and June 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 30.5%, prices of 3 bedrooms properties increased by 10.9%, the cost of 4 bedrooms properties went up by 76.6%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went up by 100%, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes remained the same. In June 2022 more than 0 listings in Pinconning Township, MI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below.