$2,136 Closing Credit*
$179,900
1,445 SqFt
3 Beds
•2 Full Baths
Jordan P Painter, Listing Office: Keystone Home Group Realty LLC
Is Pierson, 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, Pierson has remained a Seller's Market.
Key Takeaway
Pierson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pierson, MI
How much do homes in Pierson, MI cost?
Median Sold Price
$294,900
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,900(+0.6%)
Key Takeaway
Homes in Pierson have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Pierson was $294,900 in November 2024, up 0.6% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | - | N/A |
| 2 Bedrooms | $162K | $270K | +66.7% |
| 3 Bedrooms | $299K | $270K | -9.7% |
| 4 Bedrooms | $303.7K | $329.9K | +8.7% |
| 5+ Bedrooms | $550K | $1.0M | +97.9% |
Summary: Pierson 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 increased by 66.7%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 97.9%.
Median Sold Price Compared To Nearby Cities
| Pierson | $293K | $294.9K | +0.6% |
| Pierson Township | $296.4K | $295K | -0.5% |
Housing Supply in Pierson, MI
How many homes are available in Pierson, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Pierson real estate market had 10 homes for sale in November 2024, a 11.1% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Pierson 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pierson, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Pierson in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Pierson, MI
How long does it take to sell a home in Pierson, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 17 Days | +112.1% |
Summary: Homes in Pierson had an average of 17 days on market in Nov 2024, up by 112.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pierson are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Pierson; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
