$4,274 Closing Credit*
$359,900
1,512 SqFt
5 Beds
•3 Full Baths
Brett A Sloan, Listing Office: JBS Realty Group
Is Dorr, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Dorr has remained a Seller's Market.
Key Takeaway
Dorr is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dorr, MI
How much do homes in Dorr, MI cost?
Median Sold Price
$348,700
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,800(+4.4%)
Key Takeaway
Homes in Dorr have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Dorr was $348,700 in October 2024, up 4.4% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $322K | +61.0% |
| 3 Bedrooms | $318K | $340K | +6.9% |
| 4 Bedrooms | $348.5K | $365K | +4.7% |
| 5+ Bedrooms | $394.7K | $444K | +12.5% |
Summary: Dorr housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 61%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Byron Center | $402.4K | $452K | +12.3% |
| Dorr Township | $322K | $345.7K | +7.4% |
| Dorr | $333.9K | $348.7K | +4.4% |
| Monterey Township | $309.5K | $250K | -19.2% |
Housing Supply in Dorr, MI
How many homes are available in Dorr, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 16 | -23.8% |
Summary: The Dorr real estate market had 16 homes for sale in October 2024, a 23.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 11 | 6 | -45.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Dorr housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dorr, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Dorr in October 2024, down by 60.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Dorr, MI
How long does it take to sell a home in Dorr, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 3 Days | -51.1% |
Summary: Homes in Dorr had an average of 3 days on market in Oct 2024, down by 51.1% compared to last year.
Breakdown of Home Sale Times
4 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 Dorr are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Dorr; 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.
