$3,206 Closing Credit*
$270,000
2,528 SqFt
3 Beds
•2 Full Baths
Michelle Humes, Listing Office: Cressy & Everett Real Estate
Is 49057, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 49057 has remained a Seller's Market.
Key Takeaway
49057 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49057, MI
How much do homes in 49057, MI cost?
Median Sold Price
$185,000
$145/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$75,164(+68.4%)
Key Takeaway
Homes in 49057 have sold for 68.4% more than they did a month ago.
Summary: The median home sold price in 49057 was $185,000 in November 2024, up 68.4% from last month, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $60K | $133K | +121.7% |
| 3 Bedrooms | $154.5K | $237.5K | +53.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49057 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 121.7%, 3 bedroom homes increased by 53.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 49057, MI
How many homes are available in 49057, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The 49057 real estate market had 11 homes for sale in November 2024, a 15.4% 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49057 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 increased by 25%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49057, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 49057 in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 49057, MI
How long does it take to sell a home in 49057, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 21 Days | -33.7% |
Summary: Homes in 49057 had an average of 21 days on market in Nov 2024, down by 33.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49057 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 49057; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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.