$2,909 Closing Credit*
$245,000
1,320 SqFt
3 Beds
•2 Full Baths
PAULINE MORRISON, Listing Office: MORRIS-RICHARDSON RE
Is Rose Township, 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, 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
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$77,550(+52.6%)
Key Takeaway
Homes in Rose Township have sold for 52.6% more than they did a year ago.
Summary: The median home sold price in Rose Township was $225,000 in November 2024, up 52.6% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52.5K | - | N/A |
| 2 Bedrooms | $126K | $109.5K | -13.1% |
| 3 Bedrooms | $130K | $328.5K | +152.7% |
| 4 Bedrooms | $295K | $204K | -30.8% |
| 5+ Bedrooms | $1.3M | $225K | -83.3% |
Summary: Rose Township 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 decreased by 13.1%, 3 bedroom homes increased by 152.7%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 83.3%.
Median Sold Price Compared To Nearby Cities
| Rose City | $144.9K | $225K | +55.2% |
| Rose Township | $147.4K | $225K | +52.6% |
| Lupton | $157K | $163.7K | +4.3% |
Housing Supply in Rose Township, MI
How many homes are available in Rose Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Rose Township real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rose Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -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
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 November 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 109 Days | 140 Days | +28.4% |
Summary: Homes in Rose Township had an average of 140 days on market in Nov 2024, up by 28.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Rose Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Rose Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.