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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Robinson Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Robinson Township has remained a Seller's Market.

Key Takeaway

Robinson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Robinson Township, MI

How much do homes in Robinson Township, MI cost?

Median Sold Price

$370,000

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,500(+8.0%)

Key Takeaway

Homes in Robinson Township have sold for 8% more than they did a year ago.

Summary: The median home sold price in Robinson Township was $370,000 in October 2024, up 8% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $245.7K$355K
+44.5%
3 $325K$340K
+4.6%
4 $450K$389K
-13.6%
5+ $475K$494.9K
+4.2%

Summary: Robinson Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.5%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Allendale
+13.5%
Nunica
+9.4%
West Olive
+8.9%
Crockery Township
+8.8%
Robinson Township
+8.0%

Housing Supply in Robinson Township, MI

How many homes are available in Robinson Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3133+6.5%

Summary: The Robinson Township real estate market had 33 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1316
+23.1%
4 1010
0.0%
5+ 76
-14.3%

Summary: The Robinson Township housing inventory by bedroom type for October 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 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Robinson Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Robinson Township in October 2024, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for Robinson Township, MI

How long does it take to sell a home in Robinson Township, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days25 Days-60.6%

Summary: Homes in Robinson Township had an average of 25 days on market in Oct 2024, down by 60.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Robinson Township; 63% of homes were sold within 30 days, 38% 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 16 Days Ago

Newest Listings in Robinson Township, MI

Nearby Markets to Robinson Township, MI

What housing markets are near Robinson Township, MI?