$1,424 Closing Credit*
$119,900
1,291 SqFt
2 Beds
•1 Full Bath
Heather A Martell, Rob Martell, Listing Office: Martell Realty Inc.
Is 49093, 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, 49093 has remained a Seller's Market.
Key Takeaway
49093 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49093, MI
How much do homes in 49093, MI cost?
Median Sold Price
$242,450
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$33,450(+16.0%)
Key Takeaway
Homes in 49093 have sold for 16% more than they did a year ago.
Summary: The median home sold price in 49093 was $242,450 in November 2024, up 16% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121K | $93K | -23.1% |
| 2 Bedrooms | $141K | $157.5K | +11.7% |
| 3 Bedrooms | $195K | $240K | +23.1% |
| 4 Bedrooms | $259.9K | $270K | +3.9% |
| 5+ Bedrooms | $294K | $354K | +20.4% |
Summary: 49093 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 20.4%.
Median Sold Price Compared To Nearby Zip Codes
| 49042 | $176.5K | $229K | +29.7% |
| 49067 | $180K | $226.5K | +25.8% |
| 49093 | $209K | $242.4K | +16.0% |
| 49072 | $196K | $192.5K | -1.8% |
Housing Supply in 49093, MI
How many homes are available in 49093, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 | 75 | -6.3% |
Summary: The 49093 real estate market had 75 homes for sale in November 2024, a 6.3% 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 | 16 | 12 | -25.0% |
| 3 Bedrooms | 36 | 31 | -13.9% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 49093 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 25%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49093, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 49093 in November 2024, the same as the previous month. Of the 18 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for 49093, MI
How long does it take to sell a home in 49093, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 33 Days | +44.9% |
Summary: Homes in 49093 had an average of 33 days on market in Nov 2024, up by 44.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49093 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 49093; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
