Is Tittabawassee 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, Tittabawassee Township has remained a Seller's Market.
Housing Prices in Tittabawassee Township, MI
How much do homes in Tittabawassee Township, MI cost?
Median Sold Price
$300,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Tittabawassee Township was $300,000 in March 2024, up 3.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $115K | $160K | +39.1% |
3 Bedrooms | $280K | $290K | +3.6% |
4 Bedrooms | $351K | $315K | -10.3% |
5+ Bedrooms | $350K | $384K | +9.7% |
Summary: Tittabawassee 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 39.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
Thomas Township | $188.3K | $199.5K | +5.9% |
Tittabawassee Township | $290K | $300K | +3.4% |
Freeland | $292K | $292.4K | 0.2% |
Housing Supply in Tittabawassee Township, MI
How many homes are available in Tittabawassee Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 21 | -12.5% |
Summary: The Tittabawassee Township real estate market had 21 homes for sale in March 2024, a 12.5% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 5 | 1 | -80.0% |
Summary: The Tittabawassee 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 80%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Tittabawassee Township in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Tittabawassee Township, MI
How long does it take to sell a home in Tittabawassee Township, MI?
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Tittabawassee Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.