$1,781 Closing Credit*
$150,000
1,303 SqFt
2 Beds
•2 Full Baths
Brittany Uitermarkt, Listing Office: EXP Realty
Is Pigeon, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Pigeon was a Buyer's Market.
Key Takeaway
Pigeon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pigeon, MI
How much do homes in Pigeon, MI cost?
Median Sold Price
$301,000
$297/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$10,700(-3.4%)
Key Takeaway
Homes in Pigeon have sold for 3.4% less than they did a month ago.
Summary: The median home sold price in Pigeon was $301,000 in October 2024, down 3.4% from last month, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $105K | N/A |
| 2 Bedrooms | - | $301K | N/A |
| 3 Bedrooms | - | $670K | N/A |
| 4 Bedrooms | $311.7K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pigeon housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Pigeon, MI
How many homes are available in Pigeon, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Pigeon real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pigeon 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 increased by 300%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pigeon, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Pigeon in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Pigeon, MI
How long does it take to sell a home in Pigeon, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 6 Days | -89.5% |
Summary: Homes in Pigeon had an average of 6 days on market in Oct 2024, down by 89.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pigeon are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Pigeon; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.