$6,353 Closing Credit*
$535,000
1,182 SqFt
4 Beds
•2 Full Baths, 1 Partial
Natalie Marginet, Listing Office: Keller Williams Advantage
Is Rose Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rose Township has remained a Seller's Market.
Key Takeaway
Rose Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rose Township, MI
How much do homes in Rose Township, MI cost?
Median Sold Price
$375,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,050(+5.6%)
Key Takeaway
Homes in Rose Township have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Rose Township was $375,000 in October 2024, up 5.6% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $13.5K | -93.9% |
| 2 Bedrooms | $187.5K | $187K | -0.3% |
| 3 Bedrooms | $329.2K | $301K | -8.6% |
| 4 Bedrooms | $399.9K | $409.4K | +2.4% |
| 5+ Bedrooms | $655K | $370K | -43.5% |
Summary: Rose Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 93.9%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 43.5%.
Median Sold Price Compared To Nearby Cities
| Tyrone Township | $380K | $419K | +10.3% |
| Rose Township | $354.9K | $375K | +5.6% |
| Fenton | $327.5K | $340.4K | +4.0% |
| Holly | $282K | $280K | -0.7% |
| Holly Township | $287.5K | $285K | -0.9% |
Housing Supply in Rose Township, MI
How many homes are available in Rose Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Summary: The Rose Township real estate market had 27 homes for sale in October 2024, a 3.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Rose Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
3 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 Rose Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Rose Township in October 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Rose Township, MI
How long does it take to sell a home in Rose Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 46 Days | -22.0% |
Summary: Homes in Rose Township had an average of 46 days on market in Oct 2024, down by 22% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rose Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Rose Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.