Paw Paw Lake, MI
Housing market overview · Updated weekly
$206,000median sale price
Homes sold
2
Last 12 weeks
Days on market
64
Average pace
Active listings
15
7.5 months supply
Sale-to-list
101.0%
Above asking
The Paw Paw Lake housing market is currently classified as a buyer's market with a median sale price of $206,000. Prices have fallen 19.1% compared to last year, with homes spending an average of 64 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Paw Paw Lake
There are currently 15 homes listed for sale in Paw Paw Lake, Michigan. The median listing price is $272K.
Active listings
15
Homes on market
Median list price
$272K
Avg. days on market
64
Days until sale
New this week
4
Newly listed
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Frequently asked questions
What is the average home price in Paw Paw Lake?
The median home sale price in Paw Paw Lake is $206,000, down 19.1% from last year.
How long do homes stay on market in Paw Paw Lake?
Homes typically spend 64 days on market before going under contract.
Is Paw Paw Lake a buyer's or seller's market?
With 7.5 months of supply, Paw Paw Lake is currently a buyer's market.
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