$5,461 Closing Credit*
$459,900
2,383 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jason W Sibley, Chuck Clancy, Listing Office: Berkshire Hathaway HomeServices MI
Is Pavilion Township, 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, Pavilion Township has remained a Seller's Market.
Key Takeaway
Pavilion Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pavilion Township, MI
How much do homes in Pavilion Township, MI cost?
Median Sold Price
$350,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+16.7%)
Key Takeaway
Homes in Pavilion Township have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Pavilion Township was $350,000 in November 2024, up 16.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | - | N/A |
| 2 Bedrooms | $359.9K | $350K | -2.8% |
| 3 Bedrooms | $292K | $300K | +2.7% |
| 4 Bedrooms | $315K | $365K | +15.9% |
| 5+ Bedrooms | $441.2K | $627.5K | +42.2% |
Summary: Pavilion Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 42.2%.
Median Sold Price Compared To Nearby Cities
| Pavilion Township | $300K | $350K | +16.7% |
| Scotts | $302.4K | $340K | +12.4% |
| Comstock Charter Township | $253K | $265.5K | +5.0% |
| Climax Township | $255K | $231.5K | -9.2% |
| Brady Township | $276.9K | $251K | -9.4% |
Housing Supply in Pavilion Township, MI
How many homes are available in Pavilion Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Pavilion Township real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pavilion Township 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pavilion Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Pavilion Township in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pavilion Township, MI
How long does it take to sell a home in Pavilion Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 48 Days | +67.8% |
Summary: Homes in Pavilion Township had an average of 48 days on market in Nov 2024, up by 67.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pavilion Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Pavilion Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
