$5,047 Closing Credit*
$425,000
1,128 SqFt
3 Beds
•2 Full Baths
Jennifer Flick, Listing Office: Midge & Co-Luxury Lakefront Homes
Is Roscommon County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Roscommon County has remained a Seller's Market.
Key Takeaway
Roscommon County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Roscommon County, MI
How much do homes in Roscommon County, MI cost?
Median Sold Price
$184,833
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,333(+7.1%)
Key Takeaway
Homes in Roscommon County have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Roscommon County was $184,833 in November 2024, up 7.1% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86K | $78.5K | -8.7% |
| 2 Bedrooms | $139.3K | $139K | -0.3% |
| 3 Bedrooms | $196.6K | $219.5K | +11.7% |
| 4 Bedrooms | $260K | $353K | +35.8% |
| 5+ Bedrooms | $295K | $498.7K | +69.1% |
Summary: Roscommon County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 35.8%, and 5+ bedroom homes increased by 69.1%.
Median Sold Price Compared To Nearby Counties
| Oscoda County | $112K | $130K | +16.1% |
| Ogemaw County | $144.1K | $165K | +14.5% |
| Gladwin County | $173K | $191.4K | +10.6% |
| Roscommon County | $172.5K | $184.8K | +7.1% |
| Crawford County | $180K | $184.9K | +2.8% |
Housing Supply in Roscommon County, MI
How many homes are available in Roscommon County, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 306 | 305 | -0.3% |
Summary: The Roscommon County real estate market had 305 homes for sale in November 2024, a 0.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 14 | +16.7% |
| 2 Bedrooms | 115 | 106 | -7.8% |
| 3 Bedrooms | 120 | 122 | +1.7% |
| 4 Bedrooms | 44 | 46 | +4.5% |
| 5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Roscommon County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 55 | -14.1% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roscommon County, you may be able to get a good deal. 79.2% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in Roscommon County in November 2024, down by 14.1% month-over-month. Of the 53 sold homes, 79% were sold under asking, 9% were sold at asking, and 11% were sold over asking.
Days on Market for Roscommon County, MI
How long does it take to sell a home in Roscommon County, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 50 Days | -38.7% |
Summary: Homes in Roscommon County had an average of 50 days on market in Nov 2024, down by 38.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Roscommon County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 55 homes were sold in Roscommon County; 13% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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