$5,758 Closing Credit*
$484,900
1,741 SqFt
4 Beds
•3 Full Baths
Michael Schauman, Listing Office: Century 21 Signature Realty
Is Tittabawassee Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Tittabawassee Township has remained a Seller's Market.
Key Takeaway
Tittabawassee Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tittabawassee Township, MI
How much do homes in Tittabawassee Township, MI cost?
Median Sold Price
$315,250
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,250(+3.4%)
Key Takeaway
Homes in Tittabawassee Township have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Tittabawassee Township was $315,250 in October 2024, up 3.4% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $205K | +5.1% |
| 3 Bedrooms | $310K | $308.7K | -0.4% |
| 4 Bedrooms | $315K | $388K | +23.2% |
| 5+ Bedrooms | $344.5K | $380K | +10.3% |
Summary: Tittabawassee 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 5.1%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Thomas Township | $188K | $220K | +17.0% |
| Freeland | $300K | $312.8K | +4.3% |
| Tittabawassee Township | $305K | $315.2K | +3.4% |
Housing Supply in Tittabawassee Township, MI
How many homes are available in Tittabawassee Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 36 | +9.1% |
Summary: The Tittabawassee Township real estate market had 36 homes for sale in October 2024, a 9.1% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Tittabawassee 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 remained the same, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tittabawassee Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Tittabawassee Township in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Tittabawassee Township, MI
How long does it take to sell a home in Tittabawassee Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 40 Days | +16.3% |
Summary: Homes in Tittabawassee Township had an average of 40 days on market in Oct 2024, up by 16.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tittabawassee Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Tittabawassee Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.