$4,155 Closing Credit*
$349,900
2,240 SqFt
4 Beds
•1 Full Bath, 1 Partial
Amy Rose, Craig A Rose, Listing Office: Gale Realty, LLC
Is 49012, 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, 49012 has remained a Seller's Market.
Key Takeaway
49012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49012, MI
How much do homes in 49012, MI cost?
Median Sold Price
$315,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,000(+13.3%)
Key Takeaway
Homes in 49012 have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in 49012 was $315,000 in November 2024, up 13.3% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $37K | - | N/A |
| 2 Bedrooms | $178.5K | $210K | +17.6% |
| 3 Bedrooms | $290K | $315K | +8.6% |
| 4 Bedrooms | $371K | $265K | -28.6% |
| 5+ Bedrooms | $643K | $618.2K | -3.8% |
Summary: 49012 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 3.8%.
Housing Supply in 49012, MI
How many homes are available in 49012, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The 49012 real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 49012 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49012, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 49012 in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 49012, MI
How long does it take to sell a home in 49012, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 3 Days | -87.6% |
Summary: Homes in 49012 had an average of 3 days on market in Nov 2024, down by 87.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49012 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 49012; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
