$38,500
0.50 Acres
Land
Sarah Henry, Listing Office: Kalvan Realty, Inc.
Is 49013, 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, 49013 was a Seller's Market.
Key Takeaway
49013 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 49013, MI
How much do homes in 49013, MI cost?
Median Sold Price
$207,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,000(+25.5%)
Key Takeaway
Homes in 49013 have sold for 25.5% more than they did a year ago.
Summary: The median home sold price in 49013 was $207,000 in October 2024, up 25.5% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $122.7K | N/A |
| 2 Bedrooms | $164K | $149K | -9.1% |
| 3 Bedrooms | $162K | $214.2K | +32.3% |
| 4 Bedrooms | $260K | $279.9K | +7.7% |
| 5+ Bedrooms | - | $173K | N/A |
Summary: 49013 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 decreased by 9.1%, 3 bedroom homes increased by 32.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49013 | $165K | $207K | +25.5% |
| 49064 | $188.5K | $230K | +22.0% |
| 49026 | $190K | $206.5K | +8.7% |
Housing Supply in 49013, MI
How many homes are available in 49013, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 31 | -3.1% |
Summary: The 49013 real estate market had 31 homes for sale in October 2024, a 3.1% decrease 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 49013 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 25%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49013, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 49013 in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 49013, MI
How long does it take to sell a home in 49013, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 10 Days | -71.0% |
Summary: Homes in 49013 had an average of 10 days on market in Oct 2024, down by 71% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49013 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 49013; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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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.