$5,641 Closing Credit*
$475,000
2,851 SqFt
4 Beds
•2 Full Baths, 1 Partial
Sydney Butler Elevate Team, Listing Office: Michigan Top Producers
Is 49082, 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, 49082 has remained a Seller's Market.
Key Takeaway
49082 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49082, MI
How much do homes in 49082, MI cost?
Median Sold Price
$205,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,500(+2.8%)
Key Takeaway
Homes in 49082 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 49082 was $205,000 in October 2024, up 2.8% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $135K | -10.0% |
| 3 Bedrooms | $194.4K | $183.5K | -5.6% |
| 4 Bedrooms | $260.4K | $320K | +22.9% |
| 5+ Bedrooms | $205K | $375K | +82.9% |
Summary: 49082 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes increased by 82.9%.
Housing Supply in 49082, MI
How many homes are available in 49082, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 31 | +19.2% |
Summary: The 49082 real estate market had 31 homes for sale in October 2024, a 19.2% 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 | 3 | 0.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 49082 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 increased by 30%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49082, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 49082 in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for 49082, MI
How long does it take to sell a home in 49082, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 47 Days | -1.6% |
Summary: Homes in 49082 had an average of 47 days on market in Oct 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49082 has remained consistent over time.
Summary: During October 2024, 8 homes were sold in 49082; 25% of homes were sold within 30 days, 75% 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.