Is Rose Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rose Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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

$225,000

$267/sqft

Based on all homes sold in October 2024.

The Median Sold Price hasn't changed since September 2024.

Key Takeaway

The sold price of homes in Rose Township has remained the same since last month.

Summary: The median home sold price in Rose Township was $225,000 in October 2024, the same as last month, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$225K
N/A
3 $225K-
N/A
4 --
N/A
5+ $225K-
N/A

Summary: Rose Township 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 did not change, 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
0.0%
Lupton
0.0%
Rose City
-18.5%
Goodar Township
-68.6%

Housing Supply in Rose Township, MI

How many homes are available in Rose Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
65-16.7%

Summary: The Rose Township real estate market had 5 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 00
0.0%
5+ 10
-100.0%

Summary: The Rose Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rose Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Rose Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
196 Days23 Days-88.3%

Summary: Homes in Rose Township had an average of 23 days on market in Oct 2024, down by 88.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rose Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Rose Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Rose Township, MI

Nearby Markets to Rose Township, MI

What housing markets are near Rose Township, MI?