Pierson Real Estate
4 active listings · 31 sold in the past 12mo
$462,400
Median List Price
31
Sold (past 12mo)
74
Avg Days on Market
+33.9%
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.
Active Listings
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Homes for Sale(4)
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For Sale
1/45
$699,900
491 Bitter Creek Lane, Pierson, MI 49339
5 bd3 ba2,924 sqft23.50 ac
Single Family
For Sale
1/47
$524,900
22672 W Kendaville Road, Pierson, MI 49339
3 bd3 ba1,950 sqft1.04 ac
Single Family
For Sale
1/48
$399,900
5326 North Point Drive, Pierson, MI 49339
4 bd4 ba2,639 sqft1.05 ac
Single Family
For Sale
1/22
$249,900
22866 Kendaville Road, Pierson, MI 49339
3 bd2 ba1,188 sqft5.80 ac
Single Family
Recently Sold(31)
Frequently Asked Questions about Pierson
How many homes are for sale in Pierson?
There are currently 4 active listings in Pierson. The median asking price is $462,400.
How much do homes cost in Pierson?
Based on 31 sales in the past year, homes in Pierson have a median price of $462,400.
How long do homes stay on the market in Pierson?
Over the past year, homes in Pierson spent an average of 74 days on market before selling.
What schools are in Pierson?
Pierson is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Pierson may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Pierson?
With 1.5 months of inventory, Pierson is currently a seller's market. This is based on 4 active listings and 31 sales in the past 12 months.
How much are property taxes in Pierson?
Michigan property taxes in Pierson are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Pierson?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Pierson is +33.9%. Shrinking household sizes (from 2.73 to 2.53 persons per household) have increased the number of households needing housing by 14 since 2009 — independent of the 24.1% population growth. This is a secondary demographic indicator, not a primary market measure.