Is Lyndon Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lyndon Township was a Buyer's Market.
Housing Prices in Lyndon Township, MI
How much do homes in Lyndon Township, MI cost?
Median Sold Price
$417,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lyndon Township was $417,000 in April 2024, up 14.1% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $372K | N/A |
2 Bedrooms | $180K | $215K | +19.4% |
3 Bedrooms | $365K | $409.5K | +12.2% |
4 Bedrooms | $465K | $520K | +11.8% |
5+ Bedrooms | $691.5K | $370K | -46.5% |
Summary: Lyndon Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 46.5%.
Median Sold Price Compared To Nearby Cities
Gregory | $269.9K | $315K | +16.7% |
Lyndon Township | $365.5K | $417K | +14.1% |
Dexter Township | $448.7K | $496.2K | +10.6% |
Sylvan Township | $433.1K | $420K | -3.0% |
Housing Supply in Lyndon Township, MI
How many homes are available in Lyndon Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Summary: The Lyndon Township real estate market had 10 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lyndon Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lyndon Township in April 2024, down by 50.0% 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 Lyndon Township, MI
How long does it take to sell a home in Lyndon Township, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
8 Days | 193 Days | +2312.5% |
Summary: Homes in Lyndon Township had an average of 193 days on market in Apr 2024, up by 2312.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Lyndon Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.