$1,959 Closing Credit*
$165,000
1,867 SqFt
4 Beds
•2 Full Baths
Grace Roberts 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 November 2023
At the same time last year, 49082 was a Seller's Market.
Key Takeaway
49082 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49082, MI
How much do homes in 49082, MI cost?
Median Sold Price
$202,500
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,500(+1.8%)
Key Takeaway
Homes in 49082 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 49082 was $202,500 in November 2024, up 1.8% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $143.9K | -4.1% |
| 3 Bedrooms | $192K | $178.5K | -7.0% |
| 4 Bedrooms | $305.9K | $258K | -15.7% |
| 5+ Bedrooms | $185K | $378.2K | +104.5% |
Summary: 49082 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 decreased by 4.1%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes increased by 104.5%.
Housing Supply in 49082, MI
How many homes are available in 49082, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 26 | -16.1% |
Summary: The 49082 real estate market had 26 homes for sale in November 2024, a 16.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 49082 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 1 | -90.0% |
Asking Price vs. Sold Price
0 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 49082, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 49082 in November 2024, down by 90.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 2 Days | -96.4% |
Summary: Homes in 49082 had an average of 2 days on market in Nov 2024, down by 96.4% 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 49082 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 49082; 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.
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.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.