$4,511 Closing Credit*
$379,900
1,728 SqFt
3 Beds
•3 Full Baths
David Mervenne, Listing Office: City2Shore Gateway Group
Is Prudenville, 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, Prudenville has remained a Seller's Market.
Key Takeaway
Prudenville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Prudenville, MI
How much do homes in Prudenville, MI cost?
Median Sold Price
$203,700
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,700(+20.5%)
Key Takeaway
Homes in Prudenville have sold for 20.5% more than they did a year ago.
Summary: The median home sold price in Prudenville was $203,700 in October 2024, up 20.5% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119K | $44.5K | -62.6% |
| 2 Bedrooms | $143.5K | $142K | -1.0% |
| 3 Bedrooms | $227.5K | $234.7K | +3.2% |
| 4 Bedrooms | $206.5K | $340.7K | +65.0% |
| 5+ Bedrooms | $132.5K | $422.4K | +218.8% |
Summary: Prudenville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.6%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 65%, and 5+ bedroom homes increased by 218.8%.
Median Sold Price Compared To Nearby Cities
| Prudenville | $169K | $203.7K | +20.5% |
| Denton Township | $185K | $210K | +13.5% |
| Houghton Lake | $188.5K | $200K | +6.1% |
| Roscommon Township | $177.1K | $184.8K | +4.3% |
Housing Supply in Prudenville, MI
How many homes are available in Prudenville, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 54 | -12.9% |
Summary: The Prudenville real estate market had 54 homes for sale in October 2024, a 12.9% 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 | 28 | 25 | -10.7% |
| 3 Bedrooms | 31 | 24 | -22.6% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Prudenville 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 decreased by 10.7%, 3 bedroom homes decreased by 22.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Prudenville, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Prudenville in October 2024, down by 12.5% month-over-month. Of the 14 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Prudenville, MI
We’re sorry, we don't have information for this market at the moment
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