$8,311 Closing Credit*
$699,900
3,530 SqFt
4 Beds
•2 Full Baths, 1 Partial
Kathy Sprott, Listing Office: Real Estate Solutions/MI, LLC - Temperance
Is Dundee Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Dundee Township was a Neutral Market.
Key Takeaway
Dundee Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dundee Township, MI
How much do homes in Dundee Township, MI cost?
Median Sold Price
$270,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,000(-6.9%)
Key Takeaway
Homes in Dundee Township have sold for 6.9% less than they did a year ago.
Summary: The median home sold price in Dundee Township was $270,000 in October 2024, down 6.9% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | - | N/A |
| 2 Bedrooms | $147K | $175.9K | +19.7% |
| 3 Bedrooms | $280K | $290.2K | +3.7% |
| 4 Bedrooms | $355K | $377.9K | +6.5% |
| 5+ Bedrooms | $360.7K | $316K | -12.4% |
Summary: Dundee 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 19.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 12.4%.
Median Sold Price Compared To Nearby Cities
| Milan Township | $274.7K | $284.9K | +3.7% |
| Dundee Township | $290K | $270K | -6.9% |
| Dundee | $290K | $267.9K | -7.6% |
Housing Supply in Dundee Township, MI
How many homes are available in Dundee Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 34 | +25.9% |
Summary: The Dundee Township real estate market had 34 homes for sale in October 2024, a 25.9% 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 | 5 | 4 | -20.0% |
| 3 Bedrooms | 18 | 26 | +44.4% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Dundee 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 decreased by 20%, 3 bedroom homes increased by 44.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dundee Township, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Dundee Township in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.
Days on Market for Dundee Township, MI
How long does it take to sell a home in Dundee Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 35 Days | -43.5% |
Summary: Homes in Dundee Township had an average of 35 days on market in Oct 2024, down by 43.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dundee Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Dundee Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
