$127,500
3.31 Acres
Land
Patricia Phillips, Listing Office: Howard Hanna Real Estate
Is Lyndon Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lyndon Township has remained a Buyer's Market.
Key Takeaway
Lyndon Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lyndon Township, MI
How much do homes in Lyndon Township, MI cost?
Median Sold Price
$509,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$128,000(+33.6%)
Key Takeaway
Homes in Lyndon Township have sold for 33.6% more than they did a year ago.
Summary: The median home sold price in Lyndon Township was $509,000 in November 2024, up 33.6% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169K | $370K | +118.9% |
| 2 Bedrooms | $215K | $295K | +37.2% |
| 3 Bedrooms | $381K | $445K | +16.8% |
| 4 Bedrooms | $489K | $600K | +22.7% |
| 5+ Bedrooms | $691.5K | $810K | +17.1% |
Summary: Lyndon Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 118.9%, 2 bedroom homes increased by 37.2%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Cities
| Lyndon Township | $381K | $509K | +33.6% |
| Unadilla Township | $245K | $320K | +30.6% |
| Gregory | $302K | $345K | +14.2% |
| Sylvan Township | $399.9K | $450K | +12.5% |
| Dexter Township | $481.7K | $504.2K | +4.7% |
Housing Supply in Lyndon Township, MI
How many homes are available in Lyndon Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Lyndon Township real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lyndon Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 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 Lyndon Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Lyndon Township in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Lyndon Township, MI
How long does it take to sell a home in Lyndon Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 9 Days | -71.0% |
Summary: Homes in Lyndon Township had an average of 9 days on market in Nov 2024, down by 71% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lyndon Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Lyndon Township; 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.
