$4,453 Closing Credit*
$375,000
3,080 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jeff Glover, Arshnoor Singh, Listing Office: KW Professionals
Is Tuscola Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Tuscola Township was a Buyer's Market.
Key Takeaway
Tuscola Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tuscola Township, MI
How much do homes in Tuscola Township, MI cost?
Median Sold Price
$229,000
$146/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$111,000(-32.6%)
Key Takeaway
Homes in Tuscola Township have sold for 32.6% less than they did a month ago.
Summary: The median home sold price in Tuscola Township was $229,000 in December 2024, down 32.6% from last month, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $340K | $208K | -38.8% |
| 4 Bedrooms | - | $229K | N/A |
| 5+ Bedrooms | - | $282.5K | N/A |
Summary: Tuscola Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 38.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Tuscola Township | $340K | $229K | -32.6% |
| Arbela Township | $219K | $123.7K | -43.5% |
Housing Supply in Tuscola Township, MI
How many homes are available in Tuscola Township, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Tuscola Township real estate market had 10 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Tuscola Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tuscola Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Tuscola Township in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Tuscola Township, MI
How long does it take to sell a home in Tuscola Township, MI?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 142 Days | 58 Days | -59.2% |
Summary: Homes in Tuscola Township had an average of 58 days on market in Dec 2024, down by 59.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tuscola Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Tuscola Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
