The Patersons Home housing market is somewhat competitive. The median sale price of a home in Patersons Home was $138K last month, down 30.5% since last year.
What is the housing market like in Patersons Home today?
In February 2025, Patersons Home home prices were down 30.5% compared to last year, selling for a median price of $138K. On average, homes in Patersons Home sell after 76 days on the market compared to 134 days last year. There were 4 homes sold in February this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$137,900
-30.5% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Patersons Home, MI
$137,900
-30.5%
United States
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How hot is the Patersons Home housing market?
Patersons Home is somewhat competitive. Homes sell in 15 days.
0
100
53
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 12 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 15 days.
Hot homes
can sell for about 5% above list price and go pending in around 8 days.
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 Patersons Home housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Patersons Home.
Flood Factor - Minor
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Patersons Home has a minor risk of flooding. 70 properties in Patersons Home are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in Patersons Home. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
Patersons Home has a minor risk of wildfire. There are 58 properties in Patersons Home that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in Patersons Home.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Patersons Home has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Patersons Home is most at risk from severe storms. 747 properties in Patersons Home have some risk of being in a severe wind event within the next 30 years.