$3,443 Closing Credit*
$289,900
1,400 SqFt
4 Beds
•1 Full Bath, 1 Partial
#50163436, RYAN ROPP, Listing Office: SUGAR SPRINGS REAL ESTATE
Is Gladwin, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$195,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,000(+10.8%)
Key Takeaway
Homes in Gladwin have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Gladwin was $195,000 in November 2024, up 10.8% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88.7K | $122.5K | +38.0% |
| 2 Bedrooms | $145.2K | $127.5K | -12.2% |
| 3 Bedrooms | $225K | $210K | -6.7% |
| 4 Bedrooms | $362.4K | $429K | +18.4% |
| 5+ Bedrooms | - | $457K | N/A |
Summary: Gladwin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Gladwin | $176K | $195K | +10.8% |
| Gladwin Township | $177.5K | $195K | +9.9% |
Housing Supply in Gladwin, MI
How many homes are available in Gladwin, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 118 | 101 | -14.4% |
Summary: The Gladwin real estate market had 101 homes for sale in November 2024, a 14.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 34 | 31 | -8.8% |
| 3 Bedrooms | 64 | 53 | -17.2% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Gladwin housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.8%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 22 | -31.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gladwin, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Gladwin in November 2024, down by 31.3% month-over-month. Of the 22 sold homes, 73% were sold under asking, 5% were sold at asking, and 23% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 67 Days | +55.4% |
Summary: Homes in Gladwin had an average of 67 days on market in Nov 2024, up by 55.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Gladwin has remained consistent over time.
Summary: During November 2024, 22 homes were sold in Gladwin; 18% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 18% 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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