$4,391 Closing Credit*
$369,800
1,924 SqFt
3 Beds
•1 Full Bath, 1 Partial
David Mueller, Listing Office: Real Broker, LLC.
Is Pinckney, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$390,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+5.4%)
Key Takeaway
Homes in Pinckney have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Pinckney was $390,000 in October 2024, up 5.4% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230.7K | $252.5K | +9.4% |
| 2 Bedrooms | $365K | $320K | -12.3% |
| 3 Bedrooms | $331.8K | $375K | +13.0% |
| 4 Bedrooms | $423K | $452.9K | +7.1% |
| 5+ Bedrooms | $459.9K | $545K | +18.5% |
Summary: Pinckney housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 18.5%.
Median Sold Price Compared To Nearby Cities
| Putnam Township | $339.9K | $369.5K | +8.7% |
| Pinckney | $370K | $390K | +5.4% |
Housing Supply in Pinckney, MI
How many homes are available in Pinckney, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 | 90 | -2.2% |
Summary: The Pinckney real estate market had 90 homes for sale in October 2024, a 2.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 17 | 0.0% |
| 3 Bedrooms | 44 | 35 | -20.5% |
| 4 Bedrooms | 19 | 28 | +47.4% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Pinckney 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 remained the same, 3 bedroom homes decreased by 20.5%, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 26 | -10.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pinckney, you could pay more than the asking price. 38.5% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Pinckney in October 2024, down by 10.3% month-over-month. Of the 26 sold homes, 35% were sold under asking, 27% were sold at asking, and 38% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 35 Days | -1.0% |
Summary: Homes in Pinckney had an average of 35 days on market in Oct 2024, down by 1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 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 October 2024, 26 homes were sold in Pinckney; 65% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
