Is Pleasant Plains Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Pleasant Plains Township was a Neutral Market.
Key Takeaway
Pleasant Plains Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pleasant Plains Township, MI
How much do homes in Pleasant Plains Township, MI cost?
Median Sold Price
$132,450
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pleasant Plains Township have sold for 6% more than they did a year ago.
Summary: The median home sold price in Pleasant Plains Township was $132,450 in April 2024, up 6% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $61.9K | $150K | +142.1% |
| 2 Bedrooms | $70K | $183.5K | +162.1% |
| 3 Bedrooms | $205K | $106K | -48.3% |
| 4 Bedrooms | $63K | $165.7K | +163.1% |
| 5+ Bedrooms | $173K | - | N/A |
Summary: Pleasant Plains Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 142.1%, 2 bedroom homes increased by 162.1%, 3 bedroom homes decreased by 48.3%, 4 bedroom homes increased by 163.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pleasant Plains Township | $124.9K | $132.4K | +6.0% |
| Baldwin | $130K | $134.9K | +3.8% |
| Lilley Township | $131K | $126.7K | -3.2% |
Housing Supply in Pleasant Plains Township, MI
How many homes are available in Pleasant Plains Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Summary: The Pleasant Plains Township real estate market had 10 homes for sale in April 2024, a 28.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 8 | 3 | -62.5% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pleasant Plains Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 62.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Plains Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Pleasant Plains Township in April 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pleasant Plains Township, MI
How long does it take to sell a home in Pleasant Plains Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 191 Days | +3083.3% |
Summary: Homes in Pleasant Plains Township had an average of 191 days on market in Apr 2024, up by 3083.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Pleasant Plains Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 1 homes were sold in Pleasant Plains Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
