$1,069 Closing Credit*
$90,000
700 SqFt
2 Beds
•1 Full Bath, 1 Partial
#50163132, Julie Pellerito, Listing Office: Baker-Kehoe 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 November 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
$191,400
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,400(+10.6%)
Key Takeaway
Homes in Gladwin County have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Gladwin County was $191,400 in November 2024, up 10.6% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $115K | +53.3% |
| 2 Bedrooms | $125K | $129K | +3.2% |
| 3 Bedrooms | $205.5K | $213.3K | +3.8% |
| 4 Bedrooms | $390K | $350K | -10.3% |
| 5+ Bedrooms | $455K | $515K | +13.2% |
Summary: Gladwin County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Counties
| Midland County | $201K | $229.7K | +14.3% |
| Bay County | $140K | $155K | +10.7% |
| Gladwin County | $173K | $191.4K | +10.6% |
| Arenac County | $148.2K | $160K | +7.9% |
| Clare County | $135K | $141.8K | +5.1% |
Housing Supply in Gladwin County, MI
How many homes are available in Gladwin County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 189 | 167 | -11.6% |
Summary: The Gladwin County real estate market had 167 homes for sale in November 2024, a 11.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 55 | 51 | -7.3% |
| 3 Bedrooms | 96 | 84 | -12.5% |
| 4 Bedrooms | 26 | 19 | -26.9% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Gladwin County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 26.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 32 | -27.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 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. 75% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Gladwin County in November 2024, down by 27.3% month-over-month. Of the 32 sold homes, 75% were sold under asking, 9% were sold at asking, and 16% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 59 Days | +69.1% |
Summary: Homes in Gladwin County had an average of 59 days on market in Nov 2024, up by 69.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Gladwin County has remained consistent over time.
Summary: During November 2024, 32 homes were sold in Gladwin County; 25% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 16% 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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