$2,197 Closing Credit*
$185,000
1,568 SqFt
4 Beds
•1 Full Bath
Henry Steffes, Listing Office: Keller Williams GR North
Is 49058, 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, 49058 has remained a Seller's Market.
Key Takeaway
49058 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49058, MI
How much do homes in 49058, MI cost?
Median Sold Price
$250,750
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,050(+11.1%)
Key Takeaway
Homes in 49058 have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in 49058 was $250,750 in October 2024, up 11.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $134.5K | +68.1% |
| 2 Bedrooms | $165K | $229.9K | +39.4% |
| 3 Bedrooms | $225.7K | $250K | +10.8% |
| 4 Bedrooms | $275K | $278K | +1.1% |
| 5+ Bedrooms | $321K | $356.6K | +11.1% |
Summary: 49058 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.1%, 2 bedroom homes increased by 39.4%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 11.1%.
Housing Supply in 49058, MI
How many homes are available in 49058, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 | 90 | +5.9% |
Summary: The 49058 real estate market had 90 homes for sale in October 2024, a 5.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 36 | 41 | +13.9% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 49058 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 increased by 12.5%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49058, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 49058 in October 2024, the same as the previous month. Of the 20 sold homes, 60% were sold under asking, 25% were sold at asking, and 15% were sold over asking.
Days on Market for 49058, MI
How long does it take to sell a home in 49058, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 32 Days | +79.8% |
Summary: Homes in 49058 had an average of 32 days on market in Oct 2024, up by 79.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49058 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 49058; 65% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
© 2024 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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.