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Featured local agent — Pewamo, MI
Sarah Mitchell
Compass Real Estate · Pewamo, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pewamo, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$213,500median sale price
How is the Pewamo, MI housing market right now?
The median home sale price in Pewamo, MI is $213,500, up 1.2% year-over-year. Homes sell in an average of 73 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of November 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Pewamo a buyer's or seller's market?
Pewamo, MI is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 73 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
73
Average pace
Active listings
1
1.0 months supply
Sale-to-list
104.2%
Above asking
What does the Pewamo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $213,500 |
| Median list price | $105,000 |
| Year-over-year price change | +1.2% |
| Average days on market | 73 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 104.2% |
| Median price per sq ft | $198/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Pewamo by property type?
How the Pewamo, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $213,500 | $198/sq ft | 1 | 73 days |
Source: Redfin · Updated monthly
The Pewamo housing market is currently classified as a strong seller's market with a median sale price of $213,500. Prices have risen 1.2% compared to last year, with homes spending an average of 73 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Pewamo
There are currently 1 homes listed for sale in Pewamo, Michigan. The median listing price is $105K.
Active listings
1
Homes on market
Median list price
$105K
Avg. days on market
73
Days until sale
New this week
1
Newly listed
Who lives in Pewamo?
Population
511
Median income
$76,250/yr
Median age
33.6 years
Owner-occupied
91.0%
College grads
19.6%
Avg commute
25.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Pewamo?
Zillow home value
$269,530
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Pewamo?
Pewamo is a community of approximately 1K residents with a median age of 33.6 years.The median household income is $76,250, which reflects a relatively affluent area with strong earning potential. 19.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 91.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pewamo offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Pewamo?
1 schools tracked · 208 students
The largest public schools serving Pewamo, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
PewamoWestphalia Elementary School
Grades PK-5 · 208 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Pewamo, MI?
Want a head-to-head view? Compare Pewamo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Pewamo?
The median home sale price in Pewamo is $213,500, up 1.2% from last year.
How long do homes stay on market in Pewamo?
Homes typically spend 73 days on market before going under contract.
What is the median income in Pewamo?
The median household income is $76,250 per year.
Is Pewamo a buyer's or seller's market?
With 1.0 months of supply, Pewamo is currently a strong seller's market.
What is the Zillow home value estimate for Pewamo?
The Zillow Home Value Index (ZHVI) for Pewamo is $269,530, representing the typical home value in the area.
How much does a single-family home cost in Pewamo?
The median single-family home price in Pewamo, MI is $213,500 (about $198 per square foot).
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