The Five Points housing market is very competitive. The median sale price of a home in Five Points was $89K last month, down 14.0% since last year. The median sale price per square foot in Five Points is $87, down 3.9% since last year.
What is the housing market like in Five Points today?
In March 2024, Five Points home prices were down 14.0% compared to last year, selling for a median price of $89K. On average, homes in Five Points sell after 41 days on the market compared to 50 days last year. There were 5 homes sold in March this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$89,000
-14.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Five Points, MI
$89,000
-14.0%
United States
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How hot is the Five Points housing market?
Five Points is very competitive. Homes sell in 15.5 days.
0
100
71
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 6% below list price and go pending in around 16 days.
Hot homes
can sell for around list price and go pending in around 7 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 Five Points housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Five Points.
Risk Factor
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Five Points has a minor risk of flooding. 12 properties in Five Points are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Five Points. Flood risk is increasing faster than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Five Points has a minor risk of wildfire. There are 16 properties in Five Points that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Five Points.
Five Points has minimal risk of severe winds over the next 30 years
Wind Factor
Five Points has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.