$3,076 Closing Credit*
$259,000
1,304 SqFt
2 Beds
•2 Full Baths
Tom Clancy, Listing Office: Berkshire Hathaway HomeServices MI
Is 49012, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 49012 was a Buyer'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
$200,000
$160/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$190,000(-48.7%)
Key Takeaway
Homes in 49012 have sold for 48.7% less than they did a month ago.
Summary: The median home sold price in 49012 was $200,000 in October 2024, down 48.7% from last month, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $215K | N/A |
| 3 Bedrooms | $390K | - | N/A |
| 4 Bedrooms | - | $200K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49012 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 49012, MI
How many homes are available in 49012, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Summary: The 49012 real estate market had 16 homes for sale in October 2024, a 45.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The 49012 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49012, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 49012 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 18 Days | +816.7% |
Summary: Homes in 49012 had an average of 18 days on market in Oct 2024, up by 816.7% compared to last month.
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 October 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.
