$3,266 Closing Credit*
$275,000
2,476 SqFt
3 Beds
•2 Full Baths
Ashley Oshinsky, Listing Office: Higher Living Real Estate
Is 49045, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 49045 has remained a Seller's Market.
Key Takeaway
49045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49045, MI
How much do homes in 49045, MI cost?
Median Sold Price
$167,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17,950(-9.7%)
Key Takeaway
Homes in 49045 have sold for 9.7% less than they did a year ago.
Summary: The median home sold price in 49045 was $167,000 in October 2024, down 9.7% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $72K | -31.4% |
| 2 Bedrooms | $100K | $162.5K | +62.5% |
| 3 Bedrooms | $275K | $167K | -39.3% |
| 4 Bedrooms | $320K | $220K | -31.3% |
| 5+ Bedrooms | $208.2K | - | N/A |
Summary: 49045 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 62.5%, 3 bedroom homes decreased by 39.3%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes did not change.
Housing Supply in 49045, MI
How many homes are available in 49045, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The 49045 real estate market had 17 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 49045 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 decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49045, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 49045 in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for 49045, MI
How long does it take to sell a home in 49045, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 28 Days | +75.3% |
Summary: Homes in 49045 had an average of 28 days on market in Oct 2024, up by 75.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49045 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 49045; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
