$40,000
2.02 Acres
Land
Hannah Stiekes, Listing Office: Coldwell Banker Groves Real Estate
Is Rollin Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rollin Township has remained a Neutral 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
$314,250
$266/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$91,050(+40.8%)
Key Takeaway
Homes in Rollin Township have sold for 40.8% more than they did a month ago.
Summary: The median home sold price in Rollin Township was $314,250 in November 2024, up 40.8% from last month, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $407.9K | $328.5K | -19.5% |
| 3 Bedrooms | $160K | $155K | -3.1% |
| 4 Bedrooms | - | $565K | N/A |
| 5+ Bedrooms | $29.9K | - | N/A |
Summary: Rollin Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.5%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Manitou Beach | $165K | $328.5K | +99.1% |
| Rollin Township | $223.2K | $314.2K | +40.8% |
| Woodstock Township | $214.5K | $284K | +32.4% |
| Addison | $286.4K | $300K | +4.7% |
Housing Supply in Rollin Township, MI
How many homes are available in Rollin Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 24 | -4.0% |
Summary: The Rollin Township real estate market had 24 homes for sale in November 2024, a 4.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Rollin Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were 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 November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 Days | 35 Days | -49.1% |
Summary: Homes in Rollin Township had an average of 35 days on market in Nov 2024, down by 49.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rollin Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Rollin Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
