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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Pigeon Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

White Pigeon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in White Pigeon Township, MI

How much do homes in White Pigeon Township, MI cost?

Median Sold Price

$224,900

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,900(+8.6%)

Key Takeaway

Homes in White Pigeon Township have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in White Pigeon Township was $224,900 in November 2024, up 8.6% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $185K$54.9K
-70.3%
2 $160K$175.2K
+9.5%
3 $182K$225K
+23.6%
4 $356.5K$405K
+13.6%
5+ $460K$485K
+5.4%

Summary: White Pigeon Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.3%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Cities

Constantine Township
+11.1%
White Pigeon Township
+8.6%
White Pigeon
-2.8%

Housing Supply in White Pigeon Township, MI

How many homes are available in White Pigeon Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2328+21.7%

Summary: The White Pigeon Township real estate market had 28 homes for sale in November 2024, a 21.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 45
+25.0%
3 1014
+40.0%
4 67
+16.7%
5+ 22
0.0%

Summary: The White Pigeon Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
18+700.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Pigeon Township, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in White Pigeon Township in November 2024, up by 700.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.

Days on Market for White Pigeon Township, MI

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

Average Sale Time

Nov 2023Nov 2024CHANGE
4 Days7 Days+84.4%

Summary: Homes in White Pigeon Township had an average of 7 days on market in Nov 2024, up by 84.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in White Pigeon Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in White Pigeon Township; 100% of homes were sold within 30 days, 0% 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

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