Is Tittabawassee Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Tittabawassee Township has remained a Seller's Market.
Key Takeaway
Tittabawassee Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tittabawassee Township, MI
How much do homes in Tittabawassee Township, MI cost?
Median Sold Price
$295,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Tittabawassee Township has remained the same since last year.
Summary: The median home sold price in Tittabawassee Township was $295,000 in April 2024, down 0.3% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $88K | $160K | +81.8% |
| 3 Bedrooms | $290K | $281K | -3.1% |
| 4 Bedrooms | $352K | $315K | -10.5% |
| 5+ Bedrooms | $367K | $380K | +3.5% |
Summary: Tittabawassee Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 81.8%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Thomas Township | $185K | $200K | +8.1% |
| Tittabawassee Township | $296K | $295K | -0.3% |
| Freeland | $300K | $278.5K | -7.2% |
Housing Supply in Tittabawassee Township, MI
How many homes are available in Tittabawassee Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 14 | -36.4% |
Summary: The Tittabawassee Township real estate market had 14 homes for sale in April 2024, a 36.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 7 | 2 | -71.4% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Tittabawassee Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 71.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tittabawassee Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Tittabawassee Township in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Tittabawassee Township, MI
How long does it take to sell a home in Tittabawassee Township, MI?
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tittabawassee Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Tittabawassee Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.