$2,077 Closing Credit*
$174,900
816 SqFt
2 Beds
•1 Full Bath
#50160133, Tracy Schaper, Listing Office: Keller Williams Realty Lakeside
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
Since last month, Pigeon has remained a Seller'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
$250,000
$195/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$135,000(+117.4%)
Key Takeaway
Homes in Pigeon have sold for 117.4% more than they did a month ago.
Summary: The median home sold price in Pigeon was $250,000 in November 2024, up 117.4% from last month, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | - | N/A |
| 2 Bedrooms | $191.5K | $102K | -46.7% |
| 3 Bedrooms | $392.5K | $355K | -9.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $230K | N/A |
Summary: Pigeon housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 46.7%, 3 bedroom homes decreased by 9.6%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The Pigeon real estate market had 17 homes for sale in November 2024, a 15.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pigeon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 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 Pigeon, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Pigeon in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 53 Days | -10.4% |
Summary: Homes in Pigeon had an average of 53 days on market in Nov 2024, down by 10.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pigeon has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Pigeon; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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.