$995,000
2.98 Acres
Land
Ahmed Fayz, Mike Fayz, Listing Office: Real Estate One-Dbn Hts
Is Dundee Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$267,950
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$22,050(-7.6%)
Key Takeaway
Homes in Dundee Township have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in Dundee Township was $267,950 in November 2024, down 7.6% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | - | N/A |
| 2 Bedrooms | $172K | $175.9K | +2.3% |
| 3 Bedrooms | $279K | $283.7K | +1.7% |
| 4 Bedrooms | $355K | $377.9K | +6.5% |
| 5+ Bedrooms | $354K | $316K | -10.7% |
Summary: Dundee 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 2.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 10.7%.
Median Sold Price Compared To Nearby Cities
| Milan Township | $273.3K | $284.9K | +4.2% |
| Dundee Township | $290K | $267.9K | -7.6% |
| Dundee | $291K | $262.9K | -9.6% |
Housing Supply in Dundee Township, MI
How many homes are available in Dundee Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 31 | -8.8% |
Summary: The Dundee Township real estate market had 31 homes for sale in November 2024, a 8.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Dundee 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 decreased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dundee Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Dundee Township in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 21 Days | -30.6% |
Summary: Homes in Dundee Township had an average of 21 days on market in Nov 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dundee Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Dundee 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.
