$4,155 Closing Credit*
$349,900
2,240 SqFt
4 Beds
•1 Full Bath, 1 Partial
Amy Rose, Craig A Rose, Listing Office: Gale Realty, LLC
Is Ross Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Ross Township was a Seller's Market.
Key Takeaway
Ross Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ross Township, MI
How much do homes in Ross Township, MI cost?
Median Sold Price
$387,500
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$45,000(-10.4%)
Key Takeaway
Homes in Ross Township have sold for 10.4% less than they did a year ago.
Summary: The median home sold price in Ross Township was $387,500 in November 2024, down 10.4% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $37K | - | N/A |
| 2 Bedrooms | $186K | $212.5K | +14.2% |
| 3 Bedrooms | $330.7K | $346K | +4.6% |
| 4 Bedrooms | $587.4K | $355K | -39.6% |
| 5+ Bedrooms | $685.4K | $618.2K | -9.8% |
Summary: Ross 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 increased by 14.2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 39.6%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Cities
| Bedford Charter Township | $175.9K | $188K | +6.9% |
| Augusta | $290K | $307.5K | +6.0% |
| Ross Township | $432.5K | $387.5K | -10.4% |
Housing Supply in Ross Township, MI
How many homes are available in Ross Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The Ross Township real estate market had 25 homes for sale in November 2024, a 8.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Ross Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ross Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Ross Township in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Ross Township, MI
How long does it take to sell a home in Ross Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 13 Days | -74.5% |
Summary: Homes in Ross Township had an average of 13 days on market in Nov 2024, down by 74.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ross Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Ross Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
