$739 Closing Credit*
$62,225
1,200 SqFt
3 Beds
•1 Full Bath
#50161360, Michael Samborn, Listing Office: All Star Real Estate
Is Pinconning Township, 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, Pinconning Township has remained a Seller's Market.
Key Takeaway
Pinconning Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pinconning Township, MI
How much do homes in Pinconning Township, MI cost?
Median Sold Price
$140,000
$125/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$46,000(-24.7%)
Key Takeaway
Homes in Pinconning Township have sold for 24.7% less than they did a month ago.
Summary: The median home sold price in Pinconning Township was $140,000 in October 2024, down 24.7% from last month, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | $115K | +283.3% |
| 2 Bedrooms | $90K | $115K | +27.8% |
| 3 Bedrooms | $186.9K | $151K | -19.2% |
| 4 Bedrooms | $326.5K | $330K | +1.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Pinconning Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 283.3%, 2 bedroom homes increased by 27.8%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lincoln Township | $160K | $235K | +46.9% |
| Standish Township | $145K | $123.2K | -15.0% |
| Pinconning Township | $186K | $140K | -24.7% |
| Pinconning | $186K | $140K | -24.7% |
Housing Supply in Pinconning Township, MI
How many homes are available in Pinconning Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Summary: The Pinconning Township real estate market had 28 homes for sale in October 2024, a 12.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Pinconning Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 13 | +116.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pinconning Township, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Pinconning Township in October 2024, up by 116.7% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for Pinconning Township, MI
How long does it take to sell a home in Pinconning Township, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 15 Days | -55.2% |
Summary: Homes in Pinconning Township had an average of 15 days on market in Oct 2024, down by 55.2% compared to last month.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pinconning Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Pinconning Township; 92% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% 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.