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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ronald Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Ronald Township was a Neutral Market.

Key Takeaway

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

How much do homes in Ronald Township, MI cost?

Median Sold Price

$92,500

$90/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

-$127,500(-58.0%)

Key Takeaway

Homes in Ronald Township have sold for 58% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 --
N/A
3 -$92.5K
N/A
4 $220K-
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Bushnell Township
+91.7%
Ronald Township
-58.0%

How many homes are available in Ronald Township, MI?

Number of Homes For Sale

Sep 2022Oct 2022%
65-16.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 32
-33.3%
5+ 00
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ronald Township are selling fast, if you're buying plan to act quickly.

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

About Ronald Township, MI

Ronald Township, MI has 5 homes on the market. The number of listings in Ronald Township, MI decreased by 16.7% between September 2022 and October 2022. While the average time on the market in October 2022 was 16 days, the median list price was $92,500. Listing prices have changed in this real estate market between October 2021 and October 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties increased by 0%, prices of 4 bedrooms properties increased by 0%, 5 bedrooms properties became 0% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes did not move, 4 bedrooms homes became 33.3% less available, 5 bedrooms homes did not move. Ronald Township, MI housing market in October 2022 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 0 sold below.