$1,070 Closing Credit*
$90,100
2,147 SqFt
4 Beds
•2 Full Baths
Lori A Brown, Listing Office: Realhome Services and Solutions Inc
Is 49092, 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, 49092 has remained a Seller's Market.
Key Takeaway
49092 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49092, MI
How much do homes in 49092, MI cost?
Median Sold Price
$175,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+29.6%)
Key Takeaway
Homes in 49092 have sold for 29.6% more than they did a year ago.
Summary: The median home sold price in 49092 was $175,000 in November 2024, up 29.6% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $265K | +231.3% |
| 2 Bedrooms | $98K | $89.9K | -8.3% |
| 3 Bedrooms | $122.4K | $154.9K | +26.5% |
| 4 Bedrooms | $270K | $375K | +38.9% |
| 5+ Bedrooms | - | $276.2K | N/A |
Summary: 49092 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 231.3%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49092 | $135K | $175K | +29.6% |
| 49094 | $144.7K | $160K | +10.5% |
| 49068 | $220K | $237.5K | +8.0% |
Housing Supply in 49092, MI
How many homes are available in 49092, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The 49092 real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49092 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49092, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 49092 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 49092, MI
How long does it take to sell a home in 49092, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 155 Days | +1627.8% |
Summary: Homes in 49092 had an average of 155 days on market in Nov 2024, up by 1627.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49092 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 49092; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
