$1,366 Closing Credit*
$115,000
1,323 SqFt
3 Beds
•2 Full Baths
Carle Watts, Listing Office: Lifestyles Real Estate and Staging LLC
Is 49065, 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, 49065 has remained a Seller's Market.
Key Takeaway
49065 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49065, MI
How much do homes in 49065, MI cost?
Median Sold Price
$295,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,000(+8.1%)
Key Takeaway
Homes in 49065 have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in 49065 was $295,000 in October 2024, up 8.1% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $51.2K | $83K | +61.9% |
| 2 Bedrooms | $252K | $170K | -32.5% |
| 3 Bedrooms | $250K | $275K | +10.0% |
| 4 Bedrooms | $375.5K | $304.9K | -18.8% |
| 5+ Bedrooms | $575K | $384.9K | -33.1% |
Summary: 49065 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.9%, 2 bedroom homes decreased by 32.5%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 33.1%.
Housing Supply in 49065, MI
How many homes are available in 49065, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 26 | +62.5% |
Summary: The 49065 real estate market had 26 homes for sale in October 2024, a 62.5% 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 8 | 16 | +100.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 49065 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 decreased by 66.7%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49065, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 49065 in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 49065, MI
How long does it take to sell a home in 49065, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 39 Days | +73.8% |
Summary: Homes in 49065 had an average of 39 days on market in Oct 2024, up by 73.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49065 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 49065; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
