Paw Paw Township Housing Market Report May 2025Van Buren County, Michigan

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Housing Prices in Paw Paw Township, MI

How much do homes in Paw Paw Township, MI cost?

Housing Market Conditions

Is Paw Paw Township, 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

Paw Paw Township is a Buyer's Market

Difference Since May 2024

At the same time last year, Paw Paw Township was a Seller's Market.

Insight

Paw Paw Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$270,000$150/SqFt

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Paw Paw Township has remained the same since last year.

Summary: The median home sold price in Paw Paw Township was $270,000 in May 2025, the same as last year, and the median price per square foot was $150.

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
Waverly Township
+10.6%
Antwerp Township
+5.4%
Paw Paw
+1.8%
Almena Township
+1.2%
Paw Paw Township
0.0%

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.
BedsMay 2024May 2025Change YoY
1$252.5K$134.1K
-46.9%
2$196K$217.5K
+11.0%
3$252.5K$275K
+8.9%
4$306.2K$275K
-10.2%
5$440K$389K
-11.6%

Summary: Paw Paw Township housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -46.9%. The home price for 2 bedroom homes increased by +11.0%. The home price for 3 bedroom homes increased by +8.9%. The home price for 4 bedroom homes decreased by -10.2%. The home price for 5 bedroom homes decreased by -11.6%.

How does Paw Paw Township, MI compare with other places?

Market comparison tool

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

Paw Paw Township, MI

Housing supply in Paw Paw Township, MI

How many homes are available in Paw Paw Township, 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
30Last MonthMay 2025
252 months agoApr 2025
+20.0 %
Change MoMApr – May

Summary: The Paw Paw Township real estate market had 30 homes for sale in May 2025, a 20.0 % increase compared to Apr 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
2Last MonthMay 2025
42 months agoApr 2025
-50.0 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
100
0.0%
233
0.0%
3816
+100.0%
4118
-27.3%
533
0.0%

Summary: Paw Paw Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes decreased by -27.3%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Paw Paw Township, 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 Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Paw Paw Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Paw Paw Township in May 2025, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.

Days on Market for Paw Paw Township, MI

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Paw Paw Township has remained consistent over time.

Summary: During May 2025, 2 homes were sold in Paw Paw Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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
152 DaysThis YearMay 2025
94 Days1 year agoMay 2024
+62.2 %
Change YoYMay 2024 – May 2025

Summary: Homes in Paw Paw Township had an average listing age of 152 days in May 2025, up by 62.2% compared to the previous year.

Newest Listings in Paw Paw Township, MI

What homes are available in Paw Paw Township, MI?

MLS Disclaimers and Copyright

Based on information from Michigan Regional Information Center LLC, and RealComp II Ltd. for the period 06/01/2023 - 06/01/2025

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/8/2025, 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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IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/8/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.