Is Robinson Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Robinson Township has remained a Seller's Market.
Key Takeaway
Robinson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Robinson Township, MI
How much do homes in Robinson Township, MI cost?
Median Sold Price
$297,500
$200/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Robinson Township have sold for 21.6% less than they did a month ago.
Summary: The median home sold price in Robinson Township was $297,500 in March 2024, down 21.6% from last month, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $340K | $298.7K | -12.1% |
| 4 Bedrooms | $379.5K | $185.5K | -51.1% |
| 5+ Bedrooms | $435K | - | N/A |
Summary: Robinson Township housing prices by bedroom type for March 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 12.1%, 4 bedroom homes decreased by 51.1%, and 5+ bedroom homes did not change.
Housing Supply in Robinson Township, MI
How many homes are available in Robinson Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Summary: The Robinson Township real estate market had 13 homes for sale in March 2024, a 18.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Robinson Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Robinson Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Robinson Township in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Robinson Township, MI
How long does it take to sell a home in Robinson Township, MI?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 164 Days | +182.5% |
Summary: Homes in Robinson Township had an average of 164 days on market in Mar 2024, up by 182.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Robinson Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Robinson Township; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
