Is Rose Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Rose Township was a Buyer's Market.
Housing Prices in Rose Township, MI
How much do homes in Rose Township, MI cost?
Median Sold Price
$355,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rose Township was $355,000 in April 2024, up 1.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $203.7K | - | N/A |
2 Bedrooms | $270K | $187.5K | -30.6% |
3 Bedrooms | $340K | $325K | -4.4% |
4 Bedrooms | $409.5K | $400K | -2.3% |
5+ Bedrooms | $1.3M | $490K | -62.9% |
Summary: Rose Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.6%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 62.9%.
Median Sold Price Compared To Nearby Cities
Fenton | $305K | $345K | +13.1% |
Tyrone Township | $399.9K | $417.5K | +4.4% |
Rose Township | $349.9K | $355K | +1.5% |
Holly | $271.3K | $275K | +1.4% |
Holly Township | $280K | $275K | -1.8% |
Housing Supply in Rose Township, MI
How many homes are available in Rose Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 18 | -5.3% |
Summary: The Rose Township real estate market had 18 homes for sale in April 2024, a 5.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Rose Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Rose Township in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Rose Township, MI
How long does it take to sell a home in Rose Township, MI?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Rose Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.