Is Tyrone 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, Tyrone Township has remained a Seller's Market.
Housing Prices in Tyrone Township, MI
How much do homes in Tyrone Township, MI cost?
Median Sold Price
$420,500
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Tyrone Township was $420,500 in March 2024, up 5.9% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $325K | N/A |
2 Bedrooms | $420K | $360K | -14.3% |
3 Bedrooms | $305K | $390K | +27.9% |
4 Bedrooms | $410K | $504K | +22.9% |
5+ Bedrooms | $587.5K | $654.9K | +11.5% |
Summary: Tyrone 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 14.3%, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Cities
Fenton | $279.2K | $345K | +23.6% |
Fenton | $305.1K | $345K | +13.1% |
Fenton Charter Township | $321.7K | $345K | +7.2% |
Tyrone Township | $397K | $420.5K | +5.9% |
Rose Township | $350K | $348.2K | -0.5% |
Housing Supply in Tyrone Township, MI
How many homes are available in Tyrone Township, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 19 | +46.2% |
Summary: The Tyrone Township real estate market had 19 homes for sale in March 2024, a 46.2% increase 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 | 6 | 14 | +133.3% |
4 Bedrooms | 6 | 3 | -50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Tyrone 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 133.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Tyrone Township in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Tyrone Township, MI
How long does it take to sell a home in Tyrone Township, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 11 Days | -57.7% |
Summary: Homes in Tyrone Township had an average of 11 days on market in Mar 2024, down by 57.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Tyrone Township; 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.