$944 Closing Credit*
$79,500
834 SqFt
2 Beds
•1 Full Bath
Jim Criteser, Listing Office: RE/MAX Perrett Associates
Is 49015, 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, 49015 has remained a Seller's Market.
Key Takeaway
49015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49015, MI
How much do homes in 49015, MI cost?
Median Sold Price
$211,716
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,116(+10.5%)
Key Takeaway
Homes in 49015 have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in 49015 was $211,716 in November 2024, up 10.5% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $134.9K | $147K | +8.9% |
| 2 Bedrooms | $138K | $144K | +4.3% |
| 3 Bedrooms | $199.9K | $212.7K | +6.4% |
| 4 Bedrooms | $270K | $285K | +5.6% |
| 5+ Bedrooms | $341.7K | $359.5K | +5.2% |
Summary: 49015 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in 49015, MI
How many homes are available in 49015, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 133 | 115 | -13.5% |
Summary: The 49015 real estate market had 115 homes for sale in November 2024, a 13.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 29 | 21 | -27.6% |
| 3 Bedrooms | 59 | 53 | -10.2% |
| 4 Bedrooms | 35 | 36 | +2.9% |
| 5+ Bedrooms | 9 | 5 | -44.4% |
Summary: The 49015 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 27.6%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 44.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 26 | -35.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49015, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 49015 in November 2024, down by 35.0% month-over-month. Of the 26 sold homes, 42% were sold under asking, 38% were sold at asking, and 19% were sold over asking.
Days on Market for 49015, MI
How long does it take to sell a home in 49015, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 29 Days | +10.9% |
Summary: Homes in 49015 had an average of 29 days on market in Nov 2024, up by 10.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49015 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 49015; 58% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.