Is Tuomy Hills, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Tuomy Hills has remained a Seller's Market.
Key Takeaway
Tuomy Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tuomy Hills, MI
How much do homes in Tuomy Hills, MI cost?
Median Sold Price
$1,297,450
$368/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Tuomy Hills have sold for 37.5% less than they did a month ago.
Summary: The median home sold price in Tuomy Hills was $1,297,450 in April 2024, down 37.5% from last month, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $919.9K | N/A |
| 4 Bedrooms | - | $1.6M | N/A |
| 5+ Bedrooms | $2.0M | - | N/A |
Summary: Tuomy Hills housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Tuomy Hills, MI
How many homes are available in Tuomy Hills, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Summary: The Tuomy Hills real estate market had 8 homes for sale in April 2024, a 100.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 6 | +200.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Tuomy Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tuomy Hills, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Tuomy Hills in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Tuomy Hills, MI
How long does it take to sell a home in Tuomy Hills, MI?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tuomy Hills are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Tuomy Hills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
