Is Le Roy Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Le Roy Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Le Roy Township has remained a Neutral Market.

Key Takeaway

Le Roy Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Le Roy Township, MI

How much do homes in Le Roy Township, MI cost?

Median Sold Price

$160,200

$133/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$164,800(-50.7%)

Key Takeaway

Homes in Le Roy Township have sold for 50.7% less than they did a month ago.

Summary: The median home sold price in Le Roy Township was $160,200 in December 2024, down 50.7% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $325K$160.2K
-50.7%
4 --
N/A
5+ --
N/A

Summary: Le Roy Township housing prices by bedroom type for December 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 decreased by 50.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rose Lake Township
+13.5%
Leroy
-2.2%
Le Roy Township
-50.7%

Housing Supply in Le Roy Township, MI

How many homes are available in Le Roy Township, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
660.0%

Summary: The Le Roy Township real estate market had 6 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 00
0.0%
3 43
-25.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The Le Roy Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Le Roy Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Le Roy Township in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Le Roy Township, MI

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Le Roy Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Le Roy 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Le Roy Township, MI

Nearby Markets to Le Roy Township, MI

What housing markets are near Le Roy Township, MI?