Is Tuscarora Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tuscarora Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Tuscarora Township was a Neutral Market.

Key Takeaway

Tuscarora Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tuscarora Township, MI

How much do homes in Tuscarora Township, MI cost?

Median Sold Price

$446,500

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$102,000(+29.6%)

Key Takeaway

Homes in Tuscarora Township have sold for 29.6% more than they did a year ago.

Summary: The median home sold price in Tuscarora Township was $446,500 in November 2024, up 29.6% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K$140K
-15.2%
2 $400K$190K
-52.5%
3 $385K$335K
-13.0%
4 $310K$594K
+91.6%
5+ $616.5K$1.5M
+151.4%

Summary: Tuscarora Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.2%, 2 bedroom homes decreased by 52.5%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 91.6%, and 5+ bedroom homes increased by 151.4%.

Median Sold Price Compared To Nearby Cities

Tuscarora Township
+29.6%
Burt Township
-5.2%
Indian River
-6.9%

Housing Supply in Tuscarora Township, MI

How many homes are available in Tuscarora Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2220-9.1%

Summary: The Tuscarora Township real estate market had 20 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 23
+50.0%
3 108
-20.0%
4 87
-12.5%
5+ 00
0.0%

Summary: The Tuscarora 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 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tuscarora Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Tuscarora Township in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Tuscarora Township, MI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Tuscarora Township, MI

Nearby Markets to Tuscarora Township, MI

What housing markets are near Tuscarora Township, MI?