$9,441 Closing Credit*
$795,000
2,910 SqFt
3 Beds
•2 Full Baths, 1 Partial
Melissa Paddock, Listing Office: Image Realty LLC
Is Pinckney, 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, Pinckney has remained a Seller's Market.
Key Takeaway
Pinckney is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pinckney, MI
How much do homes in Pinckney, MI cost?
Median Sold Price
$385,607
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,607(+1.5%)
Key Takeaway
Homes in Pinckney have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Pinckney was $385,607 in November 2024, up 1.5% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230.7K | $252.5K | +9.4% |
| 2 Bedrooms | $365K | $297.4K | -18.5% |
| 3 Bedrooms | $339.9K | $375K | +10.3% |
| 4 Bedrooms | $430K | $457.4K | +6.4% |
| 5+ Bedrooms | $459.9K | $550K | +19.6% |
Summary: Pinckney housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes decreased by 18.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 19.6%.
Median Sold Price Compared To Nearby Cities
| Putnam Township | $350K | $370K | +5.7% |
| Pinckney | $380K | $385.6K | +1.5% |
Housing Supply in Pinckney, MI
How many homes are available in Pinckney, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 83 | 76 | -8.4% |
Summary: The Pinckney real estate market had 76 homes for sale in November 2024, a 8.4% 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 | 14 | 9 | -35.7% |
| 3 Bedrooms | 36 | 37 | +2.8% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Pinckney 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 decreased by 35.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 16 | -42.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pinckney, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Pinckney in November 2024, down by 42.9% month-over-month. Of the 16 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Pinckney, MI
How long does it take to sell a home in Pinckney, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 98 Days | 23 Days | -76.0% |
Summary: Homes in Pinckney had an average of 23 days on market in Nov 2024, down by 76% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pinckney are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Pinckney; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.