$3,087 Closing Credit*
$259,999
1,800 SqFt
3 Beds
•2 Full Baths
David Manley, Listing Office: Five Star Real Estate-W Norton
Is 49026, 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, 49026 was a Buyer's Market.
Key Takeaway
49026 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49026, MI
How much do homes in 49026, MI cost?
Median Sold Price
$206,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,500(+8.7%)
Key Takeaway
Homes in 49026 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 49026 was $206,500 in October 2024, up 8.7% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $205K | N/A |
| 2 Bedrooms | $143K | $260.9K | +82.5% |
| 3 Bedrooms | $190K | $169.9K | -10.6% |
| 4 Bedrooms | $165K | $249.5K | +51.2% |
| 5+ Bedrooms | $405K | $195K | -51.9% |
Summary: 49026 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 increased by 82.5%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 51.2%, and 5+ bedroom homes decreased by 51.9%.
Housing Supply in 49026, MI
How many homes are available in 49026, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The 49026 real estate market had 9 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49026 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49026, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 49026 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 49026, MI
How long does it take to sell a home in 49026, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 86 Days | 12 Days | -85.2% |
Summary: Homes in 49026 had an average of 12 days on market in Oct 2024, down by 85.2% compared to last year.
Breakdown of Home Sale Times
4 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 49026 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 49026; 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.
