Is Robinson Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Robinson Township has remained a Seller's Market.
Housing Prices in Robinson Township, MI
How much do homes in Robinson Township, MI cost?
Median Sold Price
$347,450
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Robinson Township was $347,450 in May 2024, up 1.3% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $237.4K | - | N/A |
2 Bedrooms | $225K | $407.5K | +81.1% |
3 Bedrooms | $306K | $298.7K | -2.4% |
4 Bedrooms | $398.9K | $385K | -3.5% |
5+ Bedrooms | $512.5K | $488K | -4.8% |
Summary: Robinson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 81.1%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
West Olive | $425K | $456K | +7.3% |
Allendale | $360K | $384K | +6.7% |
Crockery Township | $369.9K | $389.9K | +5.4% |
Nunica | $368K | $386K | +4.9% |
Robinson Township | $343K | $347.4K | +1.3% |
Housing Supply in Robinson Township, MI
How many homes are available in Robinson Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Summary: The Robinson Township real estate market had 12 homes for sale in May 2024, a 9.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 3 | +100.0% |
Summary: The Robinson Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Robinson Township in May 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
76 Days | 109 Days | +43.1% |
Summary: Homes in Robinson Township had an average of 109 days on market in May 2024, up by 43.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Robinson Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.