$2,719 Closing Credit*
$229,000
448 SqFt
1 Bed
•1 Full Bath
Holly Griewahn, Listing Office: Foundation Realty, LLC - Manitou Beach
Is Rollin Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Rollin Township was a Seller's Market.
Key Takeaway
Rollin 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 Rollin Township, MI
How much do homes in Rollin Township, MI cost?
Median Sold Price
$300,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,500(+8.1%)
Key Takeaway
Homes in Rollin Township have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Rollin Township was $300,000 in October 2024, up 8.1% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $212.5K | $305K | +43.5% |
| 3 Bedrooms | $320K | $195K | -39.1% |
| 4 Bedrooms | $297.5K | $335K | +12.6% |
| 5+ Bedrooms | $660K | $643K | -2.6% |
Summary: Rollin 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 43.5%, 3 bedroom homes decreased by 39.1%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Cities
| Rollin Township | $277.5K | $300K | +8.1% |
| Addison | $235K | $250K | +6.4% |
| Manitou Beach | $328.5K | $337.5K | +2.7% |
| Hudson Township | $162.5K | $156K | -4.0% |
Housing Supply in Rollin Township, MI
How many homes are available in Rollin Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Summary: The Rollin Township real estate market had 26 homes for sale in October 2024, a 23.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Rollin 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 50%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rollin Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Rollin Township in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Rollin Township, MI
How long does it take to sell a home in Rollin Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 67 Days | -12.2% |
Summary: Homes in Rollin Township had an average of 67 days on market in Oct 2024, down by 12.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rollin Township has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Rollin Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.