Gowen Housing Market Report April 2025•Kent County, Michigan

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Housing Prices in Gowen, MI

How much do homes in Gowen, MI cost?

Housing Market Conditions

Is Gowen, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Gowen is a Seller's Market

Difference Since April 2024

Since last year, Gowen has remained a Seller's Market.

Insight

Gowen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$340,000$180/SqFt
+$68,200
+25.1%

Based on all homes sold in the last 12 months

Insight

Homes in Gowen have sold for 25.1% more than they did a year ago.

Summary: The median home sold price in Gowen was $340,000 in April 2025, up 25.1% from last year, and the median price per square foot was $180.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Gowen
+25.1%
Trufant
+11.0%
Oakfield Township
+5.7%
Spencer Township
+0.6%
Montcalm Township
-10.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$133.5K$300K
+124.7%
2$217.5K$375K
+72.4%
3$280K$302K
+7.9%
4$415K$374.9K
-9.7%
5$389.2K$430K
+10.5%

Summary: Gowen housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes increased by +124.7%. The home price for 2 bedroom homes increased by +72.4%. The home price for 3 bedroom homes increased by +7.9%. The home price for 4 bedroom homes decreased by -9.7%. The home price for 5 bedroom homes increased by +10.5%.

How does Gowen, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Gowen, MI

Housing supply in Gowen, MI

How many homes are available in Gowen, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
12Last MonthApr 2025
182 months agoMar 2025
-33.3 %
Change MoMMar – Apr

Summary: The Gowen real estate market had 12 homes for sale in Apr 2025, a 33.3 % decrease compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthApr 2025
72 months agoMar 2025
-28.6 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
101
+100.0%
233
0.0%
395
-44.4%
422
0.0%
541
-75.0%

Summary: Gowen housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -44.4%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -75.0%.

Asking Price vs. Sold Price

How much do homes in Gowen, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price3 Homes

Under Asking Price1 Home

Insight

If you're buying a home in Gowen, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Gowen in April 2025, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and and 20% were sold over asking.

Days on Market for Gowen, MI

How long does it take to sell a home in Gowen, MI?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days0 Home

Over 90 Days2 Homes

Insight

Many homes in Gowen are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 5 homes were sold in Gowen; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
70 DaysThis YearApr 2025
42 Days1 year agoApr 2024
+66.7 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Gowen had an average listing age of 70 days in Apr 2025, up by 66.7% compared to the previous year.

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Newest Listings in Gowen, MI

What homes are available in Gowen, MI?

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Nearby markets

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Based on information from Michigan Regional Information Center LLC, MiRealSource Inc. DL, and RealComp II Ltd. for the period 05/01/2023 - 05/01/2025

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Last updated on: 5/29/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 2:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 2:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.