$205,189
1,850 SqFt
3 Beds
•2 Full Baths
Twigy Feng, Listing Office: Berkshire Hathaway HomeServices MI
October 2024
Report Updated 20 Days Ago
Is 48422, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 48422 was a Buyer's Market.
How much do homes in 48422, MI cost?
$150,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in 48422 was $150,000 in October 2024, up 3.4% from last year, and the median price per square foot was $115.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $55.5K | $115K | +107.2% |
3 Bedrooms | $145K | $175K | +20.7% |
4 Bedrooms | $170.9K | $182.4K | +6.8% |
5+ Bedrooms | $189.9K | - | N/A |
Summary: 48422 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 107.2%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes did not change.
How many homes are available in 48422, MI?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
31 | 31 | 0.0% |
Summary: The 48422 real estate market had 31 homes for sale in October 2024, the same as September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 48422 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 48422 in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
How long does it take to sell a home in 48422, MI?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
35 Days | 92 Days | +163.6% |
Summary: Homes in 48422 had an average of 92 days on market in Oct 2024, up by 163.6% compared to last year.
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During October 2024, 8 homes were sold in 48422; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 20 Days Ago
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Based on information from MiRealSource Inc. DL, RealComp II Ltd. Previous Previous, Water Wonderland MLS Inc., and Michigan Regional Information Center LLC for the period 11/01/2022 - 11/01/2024
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 12:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 11/21/2024, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2024 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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