Market report, updated

Gowen Home Values and Market Report

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 98.8% of list price in 29 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $550K Sold · $549K
$570K$430K$290K$150K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 10 sales in Apr. Last month: 1.

Where the market stands

All homes in this report, by status.

78homes
Active22 · 28%
Under contract2 · 3%
Sold (12 mo)54 · 69%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$668K
Under contract$198K
Sold$310K

Average days on market

Active88 days
Under contract26 days
Sold29 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 22
Average list price $667,827
Avg. days on market 88 days
Avg. price per ft² $291 Based on 16 of 22 homes
Avg. living area 1,935 ft² Based on 16 of 22 homes
Avg. beds / baths 2.9 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

6 homes didn’t report living area and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 16 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

6 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

4751 S Johnson Road$1,117
12487 Horseshoe Drive NE$701
13311 Sandyside Drive$384
16510 Bass Lake Avenue NE$293
12818 Links Lane NE$262
13113 Pinewood Street NE$249
12779 Elton Street NE$221

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4751 S Johnson RoadGowen, MI 49326 634,474$5,000,000$1,117376 days
12487 Horseshoe Drive NEGowen, MI 49326 332,815$1,975,000$70165 days
14620 Lincoln Lake Avenue NEGowen, MI 49326 —2—$999,000—337 days
13855 Lincoln Lake Avenue NEGowen, MI 49326 123,841$700,000$18213 days
12487 Horseshoe Drive NEGowen, MI 49326 ———$680,000—67 days
13190 16 Mile Road NEGowen, MI 49326 424,660$659,900$141116 days
14620 Lincoln Lake Avenue NEGowen, MI 49326 —2—$625,000—337 days
13311 Sandyside DriveGowen, MI 49326 321,432$550,000$38484 days
14190 19 Mile Road NEGowen, MI 49326 —4—$499,900—15 days
12818 Links Lane NEGowen, MI 49326 331,622$425,000$2627 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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