$1,483 Closing Credit*
$124,900
2,070 SqFt
4 Beds
•1 Full Bath
CHRIS DACK, Listing Office: BENJAMIN REALTY
Is Rose City, 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, Rose City has remained a Seller's Market.
Key Takeaway
Rose City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rose City, MI
How much do homes in Rose City, MI cost?
Median Sold Price
$185,000
$195/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$42,000(-18.5%)
Key Takeaway
Homes in Rose City have sold for 18.5% less than they did a month ago.
Summary: The median home sold price in Rose City was $185,000 in October 2024, down 18.5% from last month, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $229K | $185K | -19.2% |
| 3 Bedrooms | $225K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $534.9K | - | N/A |
Summary: Rose City housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Rose Township | $225K | $225K | 0.0% |
| Rose City | $227K | $185K | -18.5% |
Housing Supply in Rose City, MI
How many homes are available in Rose City, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The Rose City real estate market had 8 homes for sale in October 2024, a 27.3% decrease 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Rose City 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 decreased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rose City, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Rose City in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Rose City, MI
How long does it take to sell a home in Rose City, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 154 Days | 21 Days | -86.1% |
Summary: Homes in Rose City had an average of 21 days on market in Oct 2024, down by 86.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rose City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Rose City; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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