Is South Rockwood, MI 48179 a buyer’s or seller’s market?
South Rockwood is a seller’s market. With about 3.2 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The South Rockwood housing market right now
In the three months ending August 31, 2026, 50% of homes in South Rockwood, MI 48179 sold above their list price, the typical home went under contract in 18 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 38%, homes sold about as fast and the median sale price rose 40% to $486,789. Overall, South Rockwood is more competitive than a year ago, so tougher for buyers.
Within Monroe County, homes here sell faster than in 87% of the county’s ZIP codes, and sell more often over asking than in 67%.
Nearby, buyers who want less competition could look at Luna Pier 48157 (0% sold over asking) or La Salle 48145 (13% sold over asking), while Ida 48140 (60% sold over asking) and Ottawa Lake 49267 (60% sold over asking) are even more competitive.
Run the numbers for 48179
Nearby markets
Carleton 48117Seller’s market $185 /sq ftDundee 48131Seller’s market $164 /sq ftErie 48133Balanced $172 /sq ftIda 48140Seller’s market $151 /sq ft Browse all markets →Towns like South Rockwood nearby
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Questions about South Rockwood real estate
Is South Rockwood a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in South Rockwood, MI 48179 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in South Rockwood?
The typical home went under contract in 18 days in the latest three months.
Do homes in South Rockwood sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 101.5% of the list price.
What are property taxes in South Rockwood?
About 1.16% of a home’s value a year in Monroe County, or roughly $4,640 on a $400,000 home.
What is the median home price in South Rockwood?
The median sale price was $486,789 in the three months ending August 31, 2026, about $226 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology