Is White Pigeon, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Pigeon is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, White Pigeon was a Seller's Market.

Key Takeaway

White Pigeon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in White Pigeon, MI

How much do homes in White Pigeon, MI cost?

Median Sold Price

$210,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,000(-2.8%)

Key Takeaway

Homes in White Pigeon have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in White Pigeon was $210,000 in October 2024, down 2.8% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $185K$54.9K
-70.3%
2 $155K$158K
+1.9%
3 $182K$220K
+20.9%
4 $356.5K$326K
-8.6%
5+ $460K$485K
+5.4%

Summary: White Pigeon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.3%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 20.9%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Cities

Constantine Township
+23.7%
White Pigeon Township
+6.3%
White Pigeon
-2.8%

Housing Supply in White Pigeon, MI

How many homes are available in White Pigeon, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2124+14.3%

Summary: The White Pigeon real estate market had 24 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 24
+100.0%
3 711
+57.1%
4 85
-37.5%
5+ 33
0.0%

Summary: The White Pigeon 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 increased by 100%, 3 bedroom homes increased by 57.1%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Pigeon, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in White Pigeon in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for White Pigeon, MI

How long does it take to sell a home in White Pigeon, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days82 Days+60.0%

Summary: Homes in White Pigeon had an average of 82 days on market in Oct 2024, up by 60% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in White Pigeon has remained consistent over time.

Summary: During October 2024, 1 homes were sold in White Pigeon; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in White Pigeon, MI

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