$3,561 Closing Credit*
$299,900
1,805 SqFt
3 Beds
•2 Full Baths, 1 Partial
Andrew Frantz, Listing Office: RE/MAX Perrett Associates
Is 49051, 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, 49051 has remained a Seller's Market.
Key Takeaway
49051 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49051, MI
How much do homes in 49051, MI cost?
Median Sold Price
$280,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,250(+12.6%)
Key Takeaway
Homes in 49051 have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in 49051 was $280,000 in November 2024, up 12.6% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167.4K | $175K | +4.5% |
| 3 Bedrooms | $247.5K | $245K | -1.0% |
| 4 Bedrooms | $366.7K | $415K | +13.2% |
| 5+ Bedrooms | $517K | - | N/A |
Summary: 49051 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 increased by 4.5%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49051 | $248.7K | $280K | +12.6% |
| 49015 | $191.6K | $211.7K | +10.5% |
Housing Supply in 49051, MI
How many homes are available in 49051, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The 49051 real estate market had 3 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49051 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49051, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 49051 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49051, MI
How long does it take to sell a home in 49051, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 6 Days | -75.5% |
Summary: Homes in 49051 had an average of 6 days on market in Nov 2024, down by 75.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49051 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 49051; 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.
