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

$200,000

$129/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$60,100(+43.0%)

Key Takeaway

Homes in Dickinson County have sold for 43% more than they did a month ago.

Summary: The median home sold price in Dickinson County was $200,000 in November 2024, up 43% from last month, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $55K-
N/A
2 $121.5K$150K
+23.5%
3 $129.9K$194.7K
+49.9%
4 $288.4K$334.9K
+16.1%
5+ $157K$476.9K
+203.8%

Summary: Dickinson County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 49.9%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 203.8%.

Median Sold Price Compared To Nearby Counties

Florence County
+236.7%
Dickinson County
+43.0%
Marquette County
+4.6%

Housing Supply in Dickinson County, MI

How many homes are available in Dickinson County, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
123121-1.6%

Summary: The Dickinson County real estate market had 121 homes for sale in November 2024, a 1.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 108
-20.0%
2 2822
-21.4%
3 4959
+20.4%
4 3027
-10.0%
5+ 65
-16.7%

Summary: The Dickinson County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 20.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2722-18.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dickinson County, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in Dickinson County in November 2024, down by 18.5% month-over-month. Of the 22 sold homes, 41% were sold under asking, 14% were sold at asking, and 45% 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

Oct 2024Nov 2024CHANGE
36 Days35 Days-3.7%

Summary: Homes in Dickinson County had an average of 35 days on market in Nov 2024, down by 3.7% compared to last month.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 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 November 2024, 22 homes were sold in Dickinson County; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% 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 2 Days Ago

Newest Listings in Dickinson County, MI

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