$2,018 Closing Credit*
$169,900
1,576 SqFt
3 Beds
•1 Full Bath
Cindy A Holbin, Listing Office: Century 21 Signature Realty
Is Thetford 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, Thetford Township has remained a Seller's Market.
Key Takeaway
Thetford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Thetford Township, MI
How much do homes in Thetford Township, MI cost?
Median Sold Price
$190,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+5.6%)
Key Takeaway
Homes in Thetford Township have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Thetford Township was $190,000 in November 2024, up 5.6% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $116.6K | $150K | +28.6% |
| 3 Bedrooms | $180K | $184K | +2.2% |
| 4 Bedrooms | $199K | $259.9K | +30.6% |
| 5+ Bedrooms | $212.5K | $316.2K | +48.8% |
Summary: Thetford 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 28.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes increased by 48.8%.
Median Sold Price Compared To Nearby Cities
| Arbela Township | $169.5K | $185K | +9.1% |
| Thetford Township | $180K | $190K | +5.6% |
| Vienna Charter Township | $215.1K | $225K | +4.6% |
| Genesee Charter Township | $151K | $142K | -6.0% |
| Forest Township | $187.5K | $176K | -6.1% |
Housing Supply in Thetford Township, MI
How many homes are available in Thetford Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The Thetford Township real estate market had 25 homes for sale in November 2024, a 8.7% increase 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Thetford 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 increased by 20%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thetford Township, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Thetford Township in November 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Thetford Township, MI
How long does it take to sell a home in Thetford Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 3 Days | 37 Days | +1160.0% |
Summary: Homes in Thetford Township had an average of 37 days on market in Nov 2024, up by 1160% compared to last year.
Breakdown of Home Sale Times
3 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 Thetford Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Thetford Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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