Is Dorr Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Dorr Township has remained a Seller's Market.
Housing Prices in Dorr Township, MI
How much do homes in Dorr Township, MI cost?
Median Sold Price
$334,450
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dorr Township was $334,450 in March 2024, up 8.2% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $253.4K | $256.5K | +1.2% |
3 Bedrooms | $260K | $294.5K | +13.3% |
4 Bedrooms | $319K | $330.9K | +3.7% |
5+ Bedrooms | $337K | $453.2K | +34.5% |
Summary: Dorr Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 34.5%.
Median Sold Price Compared To Nearby Cities
Leighton Township | $327K | $355K | +8.6% |
Dorr Township | $309K | $334.4K | +8.2% |
Byron Center | $405K | $431.6K | +6.6% |
Dorr | $319K | $338.7K | +6.2% |
Housing Supply in Dorr Township, MI
How many homes are available in Dorr Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Summary: The Dorr Township real estate market had 10 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Dorr Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Dorr Township in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Dorr Township, MI
How long does it take to sell a home in Dorr Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 38 Days | +101.3% |
Summary: Homes in Dorr Township had an average of 38 days on market in Mar 2024, up by 101.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Dorr Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.