Is Pullman, 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, Pullman was a Seller's Market.
Key Takeaway
Pullman is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Pullman, MI
How much do homes in Pullman, MI cost?
Median Sold Price
$162,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pullman have sold for 9.7% less than they did a year ago.
Summary: The median home sold price in Pullman was $162,500 in March 2024, down 9.7% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $432.5K | N/A |
| 2 Bedrooms | $111.7K | $142K | +27.1% |
| 3 Bedrooms | $180K | $169.5K | -5.8% |
| 4 Bedrooms | $285K | $150K | -47.4% |
| 5+ Bedrooms | $336K | - | N/A |
Summary: Pullman 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 increased by 27.1%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 47.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Clyde Township | $250K | $281.5K | +12.6% |
| Cheshire Township | $204K | $197K | -3.4% |
| Lee Township | $167.5K | $160K | -4.5% |
| Pullman | $180K | $162.5K | -9.7% |
Housing Supply in Pullman, MI
How many homes are available in Pullman, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Pullman real estate market had 7 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pullman housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pullman, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Pullman in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Pullman, MI
How long does it take to sell a home in Pullman, MI?
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
Key Takeaway
Many homes in Pullman are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Pullman; 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.
