$5,344 Closing Credit*
$450,000
2,259 SqFt
3 Beds
•3 Full Baths, 1 Partial
Vita Good, Listing Office: National Realty Centers, Inc
Is Plymouth, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Plymouth has remained a Seller's Market.
Key Takeaway
Plymouth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plymouth, MI
How much do homes in Plymouth, MI cost?
Median Sold Price
$425,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$10,000(-2.3%)
Key Takeaway
Homes in Plymouth have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Plymouth was $425,000 in September 2024, down 2.3% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158K | $139K | -12.0% |
| 2 Bedrooms | $250K | $262.5K | +5.0% |
| 3 Bedrooms | $444.4K | $392K | -11.8% |
| 4 Bedrooms | $555K | $595K | +7.2% |
| 5+ Bedrooms | $635K | $600K | -5.5% |
Summary: Plymouth housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Cities
| Plymouth Charter Township | $440K | $440.1K | 0.0% |
| Plymouth | $435K | $425K | -2.3% |
Housing Supply in Plymouth, MI
How many homes are available in Plymouth, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 170 | 170 | 0.0% |
Summary: The Plymouth real estate market had 170 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 30 | 26 | -13.3% |
| 3 Bedrooms | 63 | 64 | +1.6% |
| 4 Bedrooms | 60 | 67 | +11.7% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Plymouth housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 58 | 55 | -5.2% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plymouth, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in Plymouth in September 2024, down by 5.2% month-over-month. Of the 55 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Plymouth, MI
How long does it take to sell a home in Plymouth, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 28 Days | 26 Days | -7.5% |
Summary: Homes in Plymouth had an average of 26 days on market in Sep 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plymouth are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 55 homes were sold in Plymouth; 75% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
