$2,838 Closing Credit*
$239,000
2,139 SqFt
3 Beds
•2 Full Baths
Hassan Ghamlouche, Listing Office: National Realty Centers, Inc
Is North Rosedale Park, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, North Rosedale Park was a Buyer's Market.
Key Takeaway
North Rosedale Park 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 North Rosedale Park, MI
How much do homes in North Rosedale Park, MI cost?
Median Sold Price
$189,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$500(+0.3%)
Key Takeaway
The sold price of homes in North Rosedale Park has remained the same since last year.
Summary: The median home sold price in North Rosedale Park was $189,000 in December 2024, up 0.3% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90K | $95.7K | +6.4% |
| 3 Bedrooms | $164K | $164K | 0.0% |
| 4 Bedrooms | $237.5K | $277.5K | +16.8% |
| 5+ Bedrooms | $293K | $254.5K | -13.1% |
Summary: North Rosedale Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes decreased by 13.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Grandmont | $80K | $93K | +16.3% |
| Upper West | $81.5K | $89.9K | +10.4% |
| Evergreen | $75K | $80K | +6.7% |
| Rosedale | $165K | $170.7K | +3.5% |
| North Rosedale Park | $188.5K | $189K | 0.3% |
Housing Supply in North Rosedale Park, MI
How many homes are available in North Rosedale Park, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The North Rosedale Park real estate market had 19 homes for sale in December 2024, a 11.8% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The North Rosedale Park 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 increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Rosedale Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in North Rosedale Park in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for North Rosedale Park, MI
How long does it take to sell a home in North Rosedale Park, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 23 Days | 14 Days | -39.0% |
Summary: Homes in North Rosedale Park had an average of 14 days on market in Dec 2024, down by 39% compared to last year.
Breakdown of Home Sale Times
3 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 North Rosedale Park are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in North Rosedale Park; 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.
