$2,849 Closing Credit*
$239,900
1,938 SqFt
2 Beds
•1 Full Bath, 1 Partial
Tanner E Rose, Cory Maguire, Listing Office: Green Crown Real Estate LLC
Is Roosevelt Park, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Roosevelt Park was a Neutral Market.
Key Takeaway
Roosevelt Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Roosevelt Park, MI
How much do homes in Roosevelt Park, MI cost?
Median Sold Price
$230,250
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,350(+9.7%)
Key Takeaway
Homes in Roosevelt Park have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Roosevelt Park was $230,250 in November 2024, up 9.7% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $187K | $200K | +7.0% |
| 3 Bedrooms | $210K | $230K | +9.5% |
| 4 Bedrooms | $180K | $242K | +34.4% |
| 5+ Bedrooms | - | $270K | N/A |
Summary: Roosevelt Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Roosevelt Park | $209.9K | $230.2K | +9.7% |
| Muskegon | $175.9K | $186.9K | +6.2% |
| Norton Shores | $252K | $263K | +4.4% |
Housing Supply in Roosevelt Park, MI
How many homes are available in Roosevelt Park, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The Roosevelt Park real estate market had 8 homes for sale in November 2024, a 27.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Roosevelt Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roosevelt Park, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Roosevelt Park in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Roosevelt Park, MI
How long does it take to sell a home in Roosevelt Park, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 2 Days | 53 Days | +2566.7% |
Summary: Homes in Roosevelt Park had an average of 53 days on market in Nov 2024, up by 2566.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Roosevelt Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Roosevelt Park; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
