Is Dryden Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dryden Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Dryden Township was a Seller's Market.

Key Takeaway

Dryden Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dryden Township, MI

How much do homes in Dryden Township, MI cost?

Median Sold Price

$418,250

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$88,350(+26.8%)

Key Takeaway

Homes in Dryden Township have sold for 26.8% more than they did a year ago.

Summary: The median home sold price in Dryden Township was $418,250 in November 2024, up 26.8% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $103.5K$286K
+176.3%
3 $295K$437.6K
+48.3%
4 $359.7K$540K
+50.1%
5+ -$562K
N/A

Summary: Dryden Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 176.3%, 3 bedroom homes increased by 48.3%, 4 bedroom homes increased by 50.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Addison Township
+32.5%
Dryden Township
+26.8%
Dryden
+22.2%
Metamora Township
+20.4%
Almont Township
+2.2%

Housing Supply in Dryden Township, MI

How many homes are available in Dryden Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2218-18.2%

Summary: The Dryden Township real estate market had 18 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1510
-33.3%
4 34
+33.3%
5+ 33
0.0%

Summary: The Dryden Township housing inventory by bedroom type for November 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 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dryden Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Dryden Township in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
41 Days41 Days-0.2%

Summary: Homes in Dryden Township had an average of 41 days on market in Nov 2024, down by 0.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dryden Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Dryden Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Dryden Township, MI

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