$3,918 Closing Credit*
$329,900
1,844 SqFt
3 Beds
•2 Full Baths
Christie Brown, Christie Brown Team, Listing Office: @properties Christies International R.E.
Is 49085, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 49085 has remained a Seller's Market.
Key Takeaway
49085 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49085, MI
How much do homes in 49085, MI cost?
Median Sold Price
$339,530
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,530(+4.5%)
Key Takeaway
Homes in 49085 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 49085 was $339,530 in November 2024, up 4.5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150.2K | $123.2K | -18.0% |
| 2 Bedrooms | $242K | $240K | -0.8% |
| 3 Bedrooms | $284K | $310K | +9.2% |
| 4 Bedrooms | $415K | $415K | 0.0% |
| 5+ Bedrooms | $498.5K | $572.2K | +14.8% |
Summary: 49085 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 9.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 14.8%.
Housing Supply in 49085, MI
How many homes are available in 49085, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 145 | 129 | -11.0% |
Summary: The 49085 real estate market had 129 homes for sale in November 2024, a 11.0% 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 | 27 | 23 | -14.8% |
| 3 Bedrooms | 58 | 51 | -12.1% |
| 4 Bedrooms | 46 | 41 | -10.9% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The 49085 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 decreased by 14.8%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 30 | -25.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49085, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 49085 in November 2024, down by 25.0% month-over-month. Of the 30 sold homes, 63% were sold under asking, 23% were sold at asking, and 13% were sold over asking.
Days on Market for 49085, MI
How long does it take to sell a home in 49085, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 34 Days | -5.6% |
Summary: Homes in 49085 had an average of 34 days on market in Nov 2024, down by 5.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49085 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 30 homes were sold in 49085; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% 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.