Is Dickinson County, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dickinson County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Dickinson County has remained a Seller's Market.

Key Takeaway

Dickinson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dickinson County, MI

How much do homes in Dickinson County, MI cost?

Median Sold Price

$147,950

$113/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$8,200(+5.9%)

Key Takeaway

Homes in Dickinson County have sold for 5.9% more than they did a month ago.

Summary: The median home sold price in Dickinson County was $147,950 in October 2024, up 5.9% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $45K$55K
+22.2%
2 $120.8K$128K
+6.0%
3 $163K$129.9K
-20.3%
4 $430K$288.4K
-32.9%
5+ -$157K
N/A

Summary: Dickinson County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 6%, 3 bedroom homes decreased by 20.3%, 4 bedroom homes decreased by 32.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Dickinson County
+5.9%
Marquette County
-2.2%
Florence County
-71.9%

Housing Supply in Dickinson County, MI

How many homes are available in Dickinson County, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
128131+2.3%

Summary: The Dickinson County real estate market had 131 homes for sale in October 2024, a 2.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 710
+42.9%
2 3432
-5.9%
3 5151
0.0%
4 2931
+6.9%
5+ 77
0.0%

Summary: The Dickinson County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3026-13.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dickinson County, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Dickinson County in October 2024, down by 13.3% month-over-month. Of the 26 sold homes, 65% were sold under asking, 15% were sold at asking, and 19% were sold over asking.

Days on Market for Dickinson County, MI

How long does it take to sell a home in Dickinson County, MI?

Average Sale Time

Sep 2024Oct 2024CHANGE
26 Days35 Days+35.7%

Summary: Homes in Dickinson County had an average of 35 days on market in Oct 2024, up by 35.7% compared to last month.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dickinson County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 26 homes were sold in Dickinson County; 62% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Dickinson County, MI

Nearby Markets to Dickinson County, MI

What housing markets are near Dickinson County, MI?