$9,132 Closing Credit*
$769,000
2,650 SqFt
6 Beds
•3 Full Baths
Tony M McGuckin, Listing Office: KW Domain
Is Dryden Township, 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, Dryden Township has remained a Seller's Market.
Key Takeaway
Dryden Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dryden Township, MI
How much do homes in Dryden Township, MI cost?
Median Sold Price
$400,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$70,000(+21.2%)
Key Takeaway
Homes in Dryden Township have sold for 21.2% more than they did a year ago.
Summary: The median home sold price in Dryden Township was $400,000 in October 2024, up 21.2% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $62K | $320K | +416.1% |
| 3 Bedrooms | $346K | $415K | +19.9% |
| 4 Bedrooms | $330K | $414K | +25.5% |
| 5+ Bedrooms | - | $562K | N/A |
Summary: Dryden Township 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 416.1%, 3 bedroom homes increased by 19.9%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Addison Township | $320K | $428K | +33.8% |
| Dryden Township | $330K | $400K | +21.2% |
| Dryden | $329.9K | $376.5K | +14.1% |
| Metamora Township | $380.7K | $403.2K | +5.9% |
| Almont Township | $337K | $352.5K | +4.6% |
Housing Supply in Dryden Township, MI
How many homes are available in Dryden Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Summary: The Dryden Township real estate market had 23 homes for sale in October 2024, a 21.1% increase 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 | 14 | 15 | +7.1% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Dryden Township 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 7.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
5 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 Dryden Township, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Dryden Township in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Dryden Township, MI
How long does it take to sell a home in Dryden Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 22 Days | +39.5% |
Summary: Homes in Dryden Township had an average of 22 days on market in Oct 2024, up by 39.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dryden Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Dryden Township; 67% of homes were sold within 30 days, 33% 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.