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Michigan Paper Company Mill Historic DistrictMichigan Paper Company Mill Historic District · Photo: rossograph · CC BY-SA 4.0
Housing in Plainwell

39 homes sold in Plainwell in the last year, at a typical $242K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Plainwell homes are listed.

Homes sold
39
June 2025 to May 2026
Typical sale price
$242K
median, weighted by sales
Price per square foot
$154
Michigan $172
Paid vs. asking
96.8%
31% sold over asking
For sale now
7
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 92% of Plainwell’s sales, at a typical $240K

39 homes sold in the year to May 2026.

Houses$240K

typical sale · 36 sold in 12 months

Per square foot
$149MI $172
Days to sell
30
Sold over asking
33%
Listings with a price cut
69%
Fewer sales

Condos: 3 sold, typical $220K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

39 sales in the last year, against 60 in 2016 and a low of 35 in 2023. The typical sale went from $116K in 2016 to $242K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 40 sold, typical $73K’122013: 53 sold, typical $93K2014: 50 sold, typical $101K’142015: 48 sold, typical $106K2016: 60 sold, typical $116K’162017: 57 sold, typical $137K2018: 60 sold, typical $147K’182019: 56 sold, typical $153K2020: 53 sold, typical $182K’202021: 50 sold, typical $186K2022: 37 sold, typical $211K’222023: 35 sold, typical $206K2024: 53 sold, typical $255K’242025: 42 sold, typical $247KLast 12 months: 39 sold, typical $242KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Plainwell

Houseat $149 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Plainwell homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Plainwell are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Plainwell’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 39 sales.

If you’re buying in Plainwell

  • Shop in August. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (33% over asking).
  • You can negotiate. 60% of listings have cut their price, against 39% before the pandemic.
  • Offer under asking. Buyers paid 96.8% of the list price on average; 31% paid over.
  • Move fast on good ones. 60% of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; spring brings the bidding wars

July has the most new listings (about 7 a month), but March is the most competitive: 50% of March sales close over asking. February has the least competition (15%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 3 new listings a month, 26% sold over asking, 411 days to sellJFeb: 3 new listings a month, 15% sold over asking, 70 days to sellFMar: 5 new listings a month, 50% sold over asking, 29 days to sellMApr: 5 new listings a month, 32% sold over asking, 47 days to sellAMay: 5 new listings a month, 39% sold over asking, 22 days to sellMJun: 6 new listings a month, 40% sold over asking, 555 days to sellJJul: 7 new listings a month, 38% sold over asking, 21 days to sellJAug: 6 new listings a month, 33% sold over asking, 19 days to sellASep: 5 new listings a month, 36% sold over asking, 18 days to sellSOct: 4 new listings a month, 17% sold over asking, 38 days to sellONov: 3 new listings a month, 34% sold over asking, 32 days to sellNDec: 2 new listings a month, 34% sold over asking, 40 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Michigan as a whole

Plainwell now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price31%23%52%31%
Gone within two weeksShare of homes under contract within 14 days60%24%38%43%
Listings with a price cutShare of homes for sale that cut their price60%39%41%28%
Price paid vs. askingAverage sale price ÷ list price96.8%98.3%101.7%98.4%
Days to sellMedian days from listing to contract29291333
Supply

5 homes for sale on a typical day

That’s twice the 2022 low (3), 37% fewer than in 2017–19 and well under 2014’s 19.

2012: 18 for sale’122013: 17 for sale2014: 19 for sale2015: 15 for sale’152016: 10 for sale2017: 7 for sale2018: 8 for sale’182019: 9 for sale2020: 6 for sale2021: 3 for sale’212022: 3 for sale2023: 4 for sale2024: 5 for sale’242025: 5 for saleLast 12 months: 5 for saleNow
Room to negotiate

1 in 2 listings has cut its price

60% in the last year, against 39% in 2017–19 and 28% across Michigan. More sellers are pricing high and coming down.

2015: 23%’152016: 22%2017: 49%2018: 31%’182019: 36%2020: 25%2021: 41%’212022: 40%2023: 56%2024: 46%’242025: 63%Last 12 months: 60%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Plainwell home costs about $1,549 a month

Mortgage
Property tax
Insurance
Rent

Price: Plainwell’s typical sale, last 12 months. Property tax at Plainwell’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Plainwell is affordable on local pay is on Cost of living.

Before you buy in Plainwell

Six things worth knowing

7

New listings in July

The month with the most choice. December has the fewest, about 2.

Best time to buy
1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $242K home, about $3,440 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Plainwell, from test results, graduation and how much students grow.

Schools in Plainwell
21 min

Typical commute

The average one-way trip to work for people who live in Plainwell.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Plainwell, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Westwood133$239K$16941%17
Eastwood95$171K$15226%21
Allegan78$229K$15432%22
Otsego64$228K$15530%19
Comstock Northwest59$278K$16629%28
Plainwell39$242K$15431%29
Parchment33$225K$15724%447

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Plainwell, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Plainwell. People who follow the town see it, and so do people comparing Plainwell with their own town. No commission, no listing fee.

Questions about buying a home in Plainwell

What do homes sell for in Plainwell, MI?

39 homes sold in the year to May 2026 at a typical $242K, $154 a square foot.

Is Plainwell a buyer’s or seller’s market?

A seller’s market: 7 homes were for sale in May 2026 and 3 sold, about 2.3 months of supply. Buyers paid 96.8% of asking on average, and 60% of listings cut their price.

When is the best time to buy in Plainwell?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Plainwell?

About 1.4% of a home’s value a year. On a $242K home that’s near $3,440.

Where can I see homes for sale in Plainwell?

Zillow, Redfin, Realtor.com and Homes.com all carry Plainwell’s MLS listings; the search links above open each one filtered to Plainwell.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).