Is Dryden 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, Dryden Township has remained a Seller's Market.
Housing Prices in Dryden Township, MI
How much do homes in Dryden Township, MI cost?
Median Sold Price
$375,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dryden Township was $375,000 in March 2024, up 1.4% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $271.3K | $145K | -46.6% |
3 Bedrooms | $399.9K | $401K | 0.3% |
4 Bedrooms | $337.5K | $375K | +11.1% |
5+ Bedrooms | $540K | $1.3M | +145.4% |
Summary: Dryden 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 decreased by 46.6%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 145.4%.
Median Sold Price Compared To Nearby Cities
Addison Township | $395.7K | $415K | +4.9% |
Dryden | $359.9K | $375K | +4.2% |
Dryden Township | $370K | $375K | +1.4% |
Almont Township | $340K | $335K | -1.5% |
Metamora Township | $389.8K | $375.7K | -3.6% |
Housing Supply in Dryden Township, MI
How many homes are available in Dryden Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 6 | -45.5% |
Summary: The Dryden Township real estate market had 6 homes for sale in March 2024, a 45.5% decrease compared to 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 | 7 | 4 | -42.9% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Dryden 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 decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Dryden Township in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Dryden Township, MI
How long does it take to sell a home in Dryden Township, MI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Dryden Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.