Bruce Township Housing Market Report February 2025Macomb County, Michigan

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Housing Prices in Bruce Township, MI

How much do homes in Bruce Township, MI cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Bruce Township is a Buyer's Market

Difference Since February 2024

At the same time last year, Bruce Township was a Seller's Market.

Insight

Bruce Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$462,500$210/SqFt
+$50,175
+12.2%

Based on all homes sold in the last 12 months

Insight

Homes in Bruce Township have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Bruce Township was $462,500 in February 2025, up 12.2% from last year, and the median price per square foot was $210.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Bruce Township
+12.2%
Romeo
+12.1%
Washington
+5.3%
Washington Township
+2.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$75K-
N/A
2$265.2K$249.9K
-5.8%
3$400K$435.3K
+8.8%
4$476K$558K
+17.2%
5$461.2K$775K
+68.0%

Summary: Bruce Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -5.8%. The home price for 3 bedroom homes increased by +8.8%. The home price for 4 bedroom homes increased by +17.2%. The home price for 5 bedroom homes increased by +68.0%.

Housing supply in Bruce Township, MI

How many homes are available in Bruce Township, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
29Last MonthFeb 2025
372 months agoJan 2025
-21.6 %
Change MoMJan – Feb

Summary: The Bruce Township real estate market had 29 homes for sale in Feb 2025, a 21.6 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthFeb 2025
72 months agoJan 2025
-42.9 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
111
0.0%
224
+100.0%
32012
-40.0%
41110
-9.1%
532
-33.3%

Summary: Bruce Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -40.0%. The inventory for 4 bedroom homes decreased by -9.1%. The inventory for 5 bedroom homes decreased by -33.3%.

Asking Price vs. Sold Price

How much do homes in Bruce Township, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in Bruce Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Bruce Township in February 2025, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and and 50% were sold over asking.

Days on Market for Bruce Township, MI

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

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days2 Homes

Insight

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

Summary: During February 2025, 4 homes were sold in Bruce Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
77 DaysThis YearFeb 2025
105 Days1 year agoFeb 2024
-26.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Bruce Township had an average listing age of 77 days in Feb 2025, down by 26.7% compared to the previous year.

Newest Listings in Bruce Township, MI

What homes are available in Bruce Township, MI?

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Last updated on: 3/4/2025, 7:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.