$9,500 Closing Credit*
$799,999
3,300 SqFt
4 Beds
•2 Full Baths, 1 Partial
Steven Koleno, Listing Office: Beycome Brokerage Realty LLC
Is 49009, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 49009 has remained a Seller's Market.
Key Takeaway
49009 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49009, MI
How much do homes in 49009, MI cost?
Median Sold Price
$398,433
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,693(+4.6%)
Key Takeaway
Homes in 49009 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 49009 was $398,433 in November 2024, up 4.6% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $209.5K | $110K | -47.5% |
| 2 Bedrooms | $264K | $281.7K | +6.7% |
| 3 Bedrooms | $310K | $335K | +8.1% |
| 4 Bedrooms | $435.4K | $460K | +5.6% |
| 5+ Bedrooms | $550K | $557K | +1.3% |
Summary: 49009 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.5%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 1.3%.
Housing Supply in 49009, MI
How many homes are available in 49009, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 171 | 137 | -19.9% |
Summary: The 49009 real estate market had 137 homes for sale in November 2024, a 19.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 29 | 26 | -10.3% |
| 3 Bedrooms | 55 | 45 | -18.2% |
| 4 Bedrooms | 58 | 44 | -24.1% |
| 5+ Bedrooms | 27 | 21 | -22.2% |
Summary: The 49009 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 34 | -26.1% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49009, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 49009 in November 2024, down by 26.1% month-over-month. Of the 34 sold homes, 62% were sold under asking, 21% were sold at asking, and 18% were sold over asking.
Days on Market for 49009, MI
How long does it take to sell a home in 49009, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 37 Days | +48.7% |
Summary: Homes in 49009 had an average of 37 days on market in Nov 2024, up by 48.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49009 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in 49009; 62% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
