$1,603 Closing Credit*
$135,000
840 SqFt
2 Beds
•1 Full Bath
Angela Farrington, Listing Office: KW Northern Michigan Team Partners
Is Gladwin Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Gladwin Township was a Buyer's Market.
Key Takeaway
Gladwin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gladwin Township, MI
How much do homes in Gladwin Township, MI cost?
Median Sold Price
$195,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$500(+0.3%)
Key Takeaway
The sold price of homes in Gladwin Township has remained the same since last year.
Summary: The median home sold price in Gladwin Township was $195,000 in December 2024, up 0.3% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102.5K | $122.5K | +19.5% |
| 2 Bedrooms | $141K | $130K | -7.8% |
| 3 Bedrooms | $275K | $212.1K | -22.9% |
| 4 Bedrooms | $362.4K | $425K | +17.3% |
| 5+ Bedrooms | - | $363.5K | N/A |
Summary: Gladwin Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes did not change.
Housing Supply in Gladwin Township, MI
How many homes are available in Gladwin Township, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 91 | 77 | -15.4% |
Summary: The Gladwin Township real estate market had 77 homes for sale in December 2024, a 15.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 26 | 19 | -26.9% |
| 3 Bedrooms | 49 | 41 | -16.3% |
| 4 Bedrooms | 7 | 12 | +71.4% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Gladwin Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 26.9%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 24 | 15 | -37.5% |
Asking Price vs. Sold Price
7 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 Township, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Gladwin Township in December 2024, down by 37.5% month-over-month. Of the 15 sold homes, 47% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Gladwin Township, MI
How long does it take to sell a home in Gladwin Township, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 12 Days | 21 Days | +80.4% |
Summary: Homes in Gladwin Township had an average of 21 days on market in Dec 2024, up by 80.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Gladwin Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 15 homes were sold in Gladwin Township; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% 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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