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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rolland Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rolland Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Rolland Township, MI

How much do homes in Rolland Township, MI cost?

Median Sold Price

$525,000

$162/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$373,000(+245.4%)

Key Takeaway

Homes in Rolland Township have sold for 245.4% more than they did a month ago.

Summary: The median home sold price in Rolland Township was $525,000 in September 2024, up 245.4% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $152K$525K
+245.4%
4 --
N/A
5+ --
N/A

Summary: Rolland Township housing prices by bedroom type for September 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 increased by 245.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rolland Township, MI

How many homes are available in Rolland Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
67+16.7%

Summary: The Rolland Township real estate market had 7 homes for sale in September 2024, a 16.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Rolland Township housing inventory by bedroom type for September 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 increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rolland Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Rolland Township in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Rolland Township, MI

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

Average Sale Time

Aug 2024Sep 2024CHANGE
18 Days363 Days+1919.4%

Summary: Homes in Rolland Township had an average of 363 days on market in Sep 2024, up by 1919.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Rolland Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 2 homes were sold in Rolland 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.

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

Report Updated Sep 1, 2024

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