Gowen, MI Home Values & Market Trends

Real estate market trends reflect that there have been 75 transactions over the past year in Gowen. The median value for residential home transactions that occurred over the previous year is $230,615.47. The number of current listings in Gowen is 6, and the percentage of properties for sale in the city is 6.00%. Gowen, MI currently has 5 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 6 properties for sale.

Gowen, MI Real Estate Market Overview

ZipMedian Est. Value
49326

$ 254,144

$ 162/sqft

Housing Market Summary for Gowen, MI

Apr 2023March 2024Change
Median Listing Price$199.9K$189.9K-5.00%
Median Sold Price$190.1K$189.9K-0.09%
Homes For Sale75-28.57%
Homes Sold4843-10.42%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Gowen, MI

Gowen home values range from $24,041 to $1,382,915. The median estimated value of a home in Gowen is $230,615.47. The median list price of a home is 262,450, and the total count of properties in the city is 1,753.

Foreclosure
There is 1 zips within Gowen, MI; within this zips, the median estimated home value for homes in foreclosure ranges from $346,837 in 49326 to the lowest value of $185,218 in 49326. Foreclosure homes account for 0.00% of properties in Gowen, MI with 49326 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Gowen, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Gowen, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Gowen, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Gowen, MI. There is 1 zips within Gowen, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    49326 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Gowen, MI. Auction homes and other auction properties account for 0.29% of all properties in Gowen, MI. There is 1 zips within Gowen, MI; of that zips, the median estimated home value for homes going to auction ranges from $346,837 in 49326 to the lowest value of $185,218 in 49326.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.34% of residential properties in Gowen, MI with 49326 containing 6 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Gowen, MI; homes for sale in that zips, have a range of median values from $474,900 in 49326 to the lowest value of $123,977 in 49326.
    Sold Homes
    The median value for recently sold homes ranges from $735,000 in 49326 to the lowest price of $56,613 in 49326. There is 1 zips within Gowen, MI. 49326 has 60 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.42% of properties in Gowen, MI.

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      Guide for Gowen, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Lansing Home Values Surge to $132,500 Amid Real Estate Growth
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Lansing Home Values Surge to $132,500 Amid Real Estate Growth
      Michigan|posted 23 April 2024

      Lansing’s real estate market has seen substantial growth in home values and sales prices from April 2023 to March 2024, positioning the city as an attractive investment prospect.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      Recently Listed Homes Gowen, MI

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