$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 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, Pierson Township has remained a Seller's Market.
Key Takeaway
Pierson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pierson Township, MI
How much do homes in Pierson Township, MI cost?
Median Sold Price
$295,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,450(-0.5%)
Key Takeaway
The sold price of homes in Pierson Township has remained the same since last year.
Summary: The median home sold price in Pierson Township was $295,000 in November 2024, down 0.5% 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 | $146K | $317.5K | +117.5% |
| 3 Bedrooms | $293K | $274.9K | -6.2% |
| 4 Bedrooms | $300K | $338.1K | +12.7% |
| 5+ Bedrooms | $660K | $1.0M | +64.9% |
Summary: Pierson 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 increased by 117.5%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 64.9%.
Median Sold Price Compared To Nearby Cities
| Nelson Township | $286.2K | $314.2K | +9.8% |
| Howard City | $237.4K | $250K | +5.3% |
| Pierson | $293K | $294.9K | +0.6% |
| Pierson Township | $296.4K | $295K | -0.5% |
Housing Supply in Pierson Township, MI
How many homes are available in Pierson Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The Pierson Township real estate market had 13 homes for sale in November 2024, a 18.2% 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 | 6 | 7 | +16.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Pierson 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 increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were 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 Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Pierson Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Pierson Township, MI
How long does it take to sell a home in Pierson Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 18 Days | +21.1% |
Summary: Homes in Pierson Township had an average of 18 days on market in Nov 2024, up by 21.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were 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 Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Pierson Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
