Is Roscommon, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Roscommon has remained a Seller's Market.
Housing Prices in Roscommon, MI
How much do homes in Roscommon, MI cost?
Median Sold Price
$180,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Roscommon was $180,000 in March 2024, up 2.9% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117.5K | $58.7K | -50.0% |
2 Bedrooms | $154K | $164.5K | +6.8% |
3 Bedrooms | $175K | $199.9K | +14.3% |
4 Bedrooms | $213.5K | $298.5K | +39.8% |
5+ Bedrooms | - | $430K | N/A |
Summary: Roscommon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 39.8%, and 5+ bedroom homes did not change.
Housing Supply in Roscommon, MI
How many homes are available in Roscommon, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 62 | +19.2% |
Summary: The Roscommon real estate market had 62 homes for sale in March 2024, a 19.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 14 | 20 | +42.9% |
3 Bedrooms | 25 | 31 | +24.0% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Roscommon 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 42.9%, 3 bedroom homes increased by 24%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 14 | +16.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Roscommon in March 2024, up by 16.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Roscommon, MI
We’re sorry, we don't have information for this market at the moment