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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roxand Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Roxand Township was a Neutral Market.

Key Takeaway

Roxand Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Roxand Township, MI

How much do homes in Roxand Township, MI cost?

Median Sold Price

$200,000

$102/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$194,000(-49.2%)

Key Takeaway

Homes in Roxand Township have sold for 49.2% less than they did a month ago.

Summary: The median home sold price in Roxand Township was $200,000 in December 2024, down 49.2% from last month, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$180K
N/A
3 $394K$200K
-49.2%
4 --
N/A
5+ --
N/A

Summary: Roxand Township housing prices by bedroom type for December 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 decreased by 49.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Roxand Township
-49.2%
Mulliken
-49.2%

Housing Supply in Roxand Township, MI

How many homes are available in Roxand Township, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
660.0%

Summary: The Roxand Township real estate market had 6 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 55
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Roxand Township housing inventory by bedroom type for December 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 remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roxand Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Roxand Township in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Roxand Township, MI

How long does it take to sell a home in Roxand Township, MI?

Average Sale Time

Nov 2024Dec 2024CHANGE
3 Days24 Days+711.1%

Summary: Homes in Roxand Township had an average of 24 days on market in Dec 2024, up by 711.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Roxand Township has remained consistent over time.

Summary: During December 2024, 3 homes were sold in Roxand Township; 33% of homes were sold within 30 days, 67% 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 6 Days Ago

Newest Listings in Roxand Township, MI

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