$1,899 Closing Credit*
$159,900
1,952 SqFt
4 Beds
•2 Full Baths, 1 Partial
Robin L Guajardo, Listing Office: Real Estate One-Southgate
Is 49021, 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, 49021 has remained a Seller's Market.
Key Takeaway
49021 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49021, MI
How much do homes in 49021, MI cost?
Median Sold Price
$232,200
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,450(+23.0%)
Key Takeaway
Homes in 49021 have sold for 23% more than they did a year ago.
Summary: The median home sold price in 49021 was $232,200 in November 2024, up 23% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $157.5K | $153K | -2.9% |
| 3 Bedrooms | $190K | $235K | +23.7% |
| 4 Bedrooms | $203.7K | $337K | +65.4% |
| 5+ Bedrooms | $265K | - | N/A |
Summary: 49021 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 decreased by 2.9%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 65.4%, and 5+ bedroom homes did not change.
Housing Supply in 49021, MI
How many homes are available in 49021, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 15 | -28.6% |
Summary: The 49021 real estate market had 15 homes for sale in November 2024, a 28.6% 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 | 3 | 0.0% |
| 3 Bedrooms | 13 | 6 | -53.8% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 49021 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 remained the same, 3 bedroom homes decreased by 53.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49021, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 49021 in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for 49021, MI
How long does it take to sell a home in 49021, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 33 Days | -6.9% |
Summary: Homes in 49021 had an average of 33 days on market in Nov 2024, down by 6.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49021 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 49021; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.