Is Glennie, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glennie is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Glennie was a Seller's Market.

Key Takeaway

Glennie is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Glennie, MI

How much do homes in Glennie, MI cost?

Median Sold Price

$155,200

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$43,550(-21.9%)

Key Takeaway

Homes in Glennie have sold for 21.9% less than they did a year ago.

Summary: The median home sold price in Glennie was $155,200 in October 2024, down 21.9% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $18K$145K
+705.6%
2 $189K$150K
-20.6%
3 $296.2K$288.4K
-2.6%
4 $183.5K$167.9K
-8.5%
5+ $200K-
N/A

Summary: Glennie housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 705.6%, 2 bedroom homes decreased by 20.6%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Plainfield Township
+49.6%
Glennie
-21.9%

Housing Supply in Glennie, MI

How many homes are available in Glennie, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
96-33.3%

Summary: The Glennie real estate market had 6 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Glennie housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glennie, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Glennie in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Glennie, MI

How long does it take to sell a home in Glennie, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days96 Days+380.0%

Summary: Homes in Glennie had an average of 96 days on market in Oct 2024, up by 380% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Glennie are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Glennie; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Glennie, MI

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