$6,234 Closing Credit*
$525,000
1,800 SqFt
3 Beds
•2 Full Baths
Valbona Vulaj, Listing Office: Signature Sothebys International Realty Bham
Is Dexter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Dexter Township has remained a Seller's Market.
Key Takeaway
Dexter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dexter Township, MI
How much do homes in Dexter Township, MI cost?
Median Sold Price
$505,500
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$22,718(+4.7%)
Key Takeaway
Homes in Dexter Township have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Dexter Township was $505,500 in December 2024, up 4.7% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350.5K | $349.5K | -0.3% |
| 2 Bedrooms | $342.5K | $336.2K | -1.8% |
| 3 Bedrooms | $408.5K | $412.5K | +1.0% |
| 4 Bedrooms | $515K | $519.4K | +0.9% |
| 5+ Bedrooms | $625K | $760K | +21.6% |
Summary: Dexter Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 21.6%.
Median Sold Price Compared To Nearby Cities
| Gregory | $302.2K | $359.9K | +19.1% |
| Putnam Township | $346.5K | $375K | +8.2% |
| Webster Township | $531K | $572.5K | +7.8% |
| Dexter Township | $482.7K | $505.5K | +4.7% |
Housing Supply in Dexter Township, MI
How many homes are available in Dexter Township, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 51 | 50 | -2.0% |
Summary: The Dexter Township real estate market had 50 homes for sale in December 2024, a 2.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Dexter Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 18 | +100.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dexter Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Dexter Township in December 2024, up by 100.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% were sold over asking.
Days on Market for Dexter Township, MI
How long does it take to sell a home in Dexter Township, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 51 Days | 41 Days | -19.6% |
Summary: Homes in Dexter Township had an average of 41 days on market in Dec 2024, down by 19.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Dexter Township has remained consistent over time.
Summary: During December 2024, 18 homes were sold in Dexter Township; 44% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.