$1,544 Closing Credit*
$130,000
1,006 SqFt
2 Beds
•1 Full Bath, 1 Partial
#50161500, MARILYN HARRELL, Listing Office: BETTER HOMES AND ACRES LLC
Is Gladwin, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Gladwin has remained a Seller's Market.
Key Takeaway
Gladwin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gladwin, MI
How much do homes in Gladwin, MI cost?
Median Sold Price
$200,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,000(+13.6%)
Key Takeaway
Homes in Gladwin have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Gladwin was $200,000 in October 2024, up 13.6% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102.5K | $94K | -8.3% |
| 2 Bedrooms | $133.9K | $130K | -2.9% |
| 3 Bedrooms | $222K | $208K | -6.3% |
| 4 Bedrooms | $270K | $425K | +57.4% |
| 5+ Bedrooms | - | $457K | N/A |
Summary: Gladwin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 57.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Gladwin | $176K | $200K | +13.6% |
| Gladwin Township | $177.5K | $200K | +12.7% |
| Sage Township | $245K | $170K | -30.6% |
Housing Supply in Gladwin, MI
How many homes are available in Gladwin, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 121 | 121 | 0.0% |
Summary: The Gladwin real estate market had 121 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 30 | 37 | +23.3% |
| 3 Bedrooms | 67 | 62 | -7.5% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Gladwin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 23.3%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 30 | +36.4% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gladwin, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Gladwin in October 2024, up by 36.4% month-over-month. Of the 30 sold homes, 73% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Gladwin, MI
How long does it take to sell a home in Gladwin, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 63 Days | -4.4% |
Summary: Homes in Gladwin had an average of 63 days on market in Oct 2024, down by 4.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Gladwin are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 30 homes were sold in Gladwin; 33% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
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