The Southwest housing market is somewhat competitive. The median sale price of a home in Southwest was $44K last month, down 28.6% since last year. The median sale price per square foot in Southwest is $30, down 54.5% since last year.
What is the housing market like in Southwest today?
In March 2024, Southwest home prices were down 28.6% compared to last year, selling for a median price of $44K. On average, homes in Southwest sell after 53 days on the market compared to 61 days last year. There were 12 homes sold in March this year, down from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$44,250
-28.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest, MI
$44,250
-28.6%
United States
To compare other locations to the Southwest and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Saginaw add value to a home.
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How hot is the Southwest housing market?
Southwest is somewhat competitive. Homes sell in 53 days.
0
100
45
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 12% below list price and go pending in around 53 days.
Hot homes
can sell for about 3% below list price and go pending in around 14 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
81.5%
-13.5 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest, MI
81.5%
-13.5 pt
United States
Home offer insights for Southwest
Explore recent offers and recently sold homes in Southwest
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Southwest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest.
Risk Factor
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest has a minor risk of flooding. 155 properties in Southwest are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Southwest. Flood risk is increasing slower than the national average.
10% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest has a moderate risk of wildfire. There are 299 properties in Southwest that have some risk of being affected by wildfire over the next 30 years. This represents 10% of all properties in Southwest.