Is Dickinson County, 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, Dickinson County has remained a Seller's Market.
Housing Prices in Dickinson County, MI
How much do homes in Dickinson County, MI cost?
Median Sold Price
$149,000
$105/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Dickinson County was $149,000 in May 2024, up 14.6% from last month, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $48K | N/A |
2 Bedrooms | $111.3K | $100.5K | -9.8% |
3 Bedrooms | $92.5K | $207.9K | +124.8% |
4 Bedrooms | $171.8K | $172.2K | 0.2% |
5+ Bedrooms | $120K | $135K | +12.5% |
Summary: Dickinson County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 124.8%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Counties
Dickinson County | $130K | $149K | +14.6% |
Marquette County | $225K | $202.5K | -10.0% |
Housing Supply in Dickinson County, MI
How many homes are available in Dickinson County, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 78 | +50.0% |
Summary: The Dickinson County real estate market had 78 homes for sale in May 2024, a 50.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 16 | 19 | +18.8% |
3 Bedrooms | 17 | 31 | +82.4% |
4 Bedrooms | 14 | 20 | +42.9% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Dickinson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 82.4%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 23 | +53.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Dickinson County in May 2024, up by 53.3% month-over-month. Of the 23 sold homes, 52% were sold under asking, 13% were sold at asking, and 35% were sold over asking.
Days on Market for Dickinson County, MI
How long does it take to sell a home in Dickinson County, MI?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
87 Days | 49 Days | -43.1% |
Summary: Homes in Dickinson County had an average of 49 days on market in May 2024, down by 43.1% compared to last month.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 23 homes were sold in Dickinson County; 65% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.