$1,663 Closing Credit*
$140,000
792 SqFt
1 Bed
•1 Full Bath, 1 Partial
#50161059, ALEX BILLOTTI, Listing Office: EXP Realty LLC
Is Gladwin County, 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 County has remained a Seller's Market.
Key Takeaway
Gladwin County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gladwin County, MI
How much do homes in Gladwin County, MI cost?
Median Sold Price
$194,750
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,750(+11.9%)
Key Takeaway
Homes in Gladwin County have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Gladwin County was $194,750 in October 2024, up 11.9% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $84.7K | $115K | +35.7% |
| 2 Bedrooms | $124.5K | $130K | +4.4% |
| 3 Bedrooms | $201.5K | $208K | +3.2% |
| 4 Bedrooms | $378.7K | $360K | -5.0% |
| 5+ Bedrooms | $455K | $515K | +13.2% |
Summary: Gladwin County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.7%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Counties
| Gladwin County | $174K | $194.7K | +11.9% |
| Bay County | $140K | $154.9K | +10.7% |
| Clare County | $133K | $146.4K | +10.1% |
| Midland County | $206.5K | $225K | +9.0% |
| Arenac County | $153K | $160K | +4.6% |
Housing Supply in Gladwin County, MI
How many homes are available in Gladwin County, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 184 | 194 | +5.4% |
Summary: The Gladwin County real estate market had 194 homes for sale in October 2024, a 5.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 6 | -40.0% |
| 2 Bedrooms | 47 | 57 | +21.3% |
| 3 Bedrooms | 97 | 96 | -1.0% |
| 4 Bedrooms | 24 | 27 | +12.5% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Gladwin County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 21.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 41 | +46.4% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gladwin County, you may be able to get a good deal. 70.7% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Gladwin County in October 2024, up by 46.4% month-over-month. Of the 41 sold homes, 71% were sold under asking, 12% were sold at asking, and 17% were sold over asking.
Days on Market for Gladwin County, MI
How long does it take to sell a home in Gladwin County, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 58 Days | -6.4% |
Summary: Homes in Gladwin County had an average of 58 days on market in Oct 2024, down by 6.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gladwin County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 41 homes were sold in Gladwin County; 37% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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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