Pewamo Real Estate
No active listings · 4 sold in the past 12mo
4
Sold (past 12mo)
75
Avg Days on Market
-31.3%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Market Dashboard
No active listings in Pewamo right now.
View 4 recently sold homes →Recently Sold(4)
| Address | Sold Price | Date Sold |
|---|---|---|
| 0 Yates Street, Pewamo, MI 48873 | $60,000 | May 17, 2026 |
| 10400 E Pewamo #19, Pewamo, MI 48873 | $40,000 | Mar 17, 2026 |
| 134 E Lincoln Street, Pewamo, MI 48873 | $217,500 | Sep 17, 2025 |
| $221,000 | Jul 17, 2025 |
Frequently Asked Questions about Pewamo
How many homes are for sale in Pewamo?
There are currently 0 active listings in Pewamo.
How long do homes stay on the market in Pewamo?
Over the past year, homes in Pewamo spent an average of 75 days on market before selling.
What schools are in Pewamo?
Multiple school districts may serve Pewamo. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
What are market conditions like in Pewamo?
Pewamo is currently a seller's market, with 0.0 months of supply. That ratio comes from 0 active listings relative to 4 sales per year.
How much are property taxes in Pewamo?
Property taxes in Pewamo are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Is housing demand growing in Pewamo?
Based on Census Bureau ACS data, Pewamo shows a -31.3% Household Formation Gap. Despite household size decreasing from 2.64 to 3.06, the 20.4% population decline has reduced the overall number of households needing housing. This is a secondary demographic indicator, distinct from primary market measures.