$165,900
4 Beds
•1 Full Bath
Monica Neyyer-Gill, Listing Office: ERA Reardon Realty
October 2024
Report Updated 14 Days Ago
Is 49002, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 49002 has remained a Seller's Market.
How much do homes in 49002, MI cost?
$270,650
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in 49002 was $270,650 in October 2024, up 10.5% from last year, and the median price per square foot was $210.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98.5K | $83K | -15.7% |
2 Bedrooms | $178.5K | $214K | +19.9% |
3 Bedrooms | $228.2K | $250.3K | +9.7% |
4 Bedrooms | $285K | $310.9K | +9.1% |
5+ Bedrooms | $580K | $474.9K | -18.1% |
Summary: 49002 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes increased by 19.9%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 18.1%.
How many homes are available in 49002, MI?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
78 | 77 | -1.3% |
Summary: The 49002 real estate market had 77 homes for sale in October 2024, a 1.3% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 16 | -11.1% |
3 Bedrooms | 30 | 36 | +20.0% |
4 Bedrooms | 22 | 17 | -22.7% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 49002 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 11.1%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
24 | 25 | +4.2% |
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 49002 in October 2024, up by 4.2% month-over-month. Of the 25 sold homes, 48% were sold under asking, 24% were sold at asking, and 28% were sold over asking.
How long does it take to sell a home in 49002, MI?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
22 Days | 34 Days | +52.0% |
Summary: Homes in 49002 had an average of 34 days on market in Oct 2024, up by 52% compared to last year.
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During October 2024, 25 homes were sold in 49002; 68% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% 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 14 Days Ago
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Based on information from RealComp II Ltd. Previous Previous, Michigan Regional Information Center LLC, Midwest Real Estate Data, and Greater Lansing MLS for the period 11/01/2022 - 11/01/2024
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.
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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: 11/14/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2024 Greater Lansing Association of REALTORS®. 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: 11/14/2024, 11:50:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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