Is White Pigeon Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, White Pigeon Township was a Seller's Market.
Key Takeaway
White Pigeon 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.
Housing Prices in White Pigeon Township, MI
How much do homes in White Pigeon Township, MI cost?
Median Sold Price
$247,500
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in White Pigeon Township have sold for 17.3% more than they did a year ago.
Summary: The median home sold price in White Pigeon Township was $247,500 in April 2024, up 17.3% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $185K | +236.4% |
| 2 Bedrooms | $119K | $155K | +30.3% |
| 3 Bedrooms | $182K | $224.9K | +23.6% |
| 4 Bedrooms | $270K | $607.5K | +125.0% |
| 5+ Bedrooms | $220K | $510K | +131.8% |
Summary: White Pigeon Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 236.4%, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 125%, and 5+ bedroom homes increased by 131.8%.
Median Sold Price Compared To Nearby Cities
| White Pigeon | $182K | $246K | +35.2% |
| White Pigeon Township | $211K | $247.5K | +17.3% |
| Constantine Township | $196K | $180K | -8.2% |
Housing Supply in White Pigeon Township, MI
How many homes are available in White Pigeon Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The White Pigeon Township real estate market had 20 homes for sale in April 2024, a 17.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The White Pigeon Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 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 White Pigeon Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in White Pigeon Township in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for White Pigeon Township, MI
How long does it take to sell a home in White Pigeon Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 52 Days | 52 Days | 0.0% |
Summary: Homes in White Pigeon Township had an average of 52 days on market in Apr 2024, the same as last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in White Pigeon Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in White Pigeon Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
