$2,316 Closing Credit*
$195,000
1,572 SqFt
4 Beds
•1 Full Bath, 1 Partial
Shauna N Knight-Major, Pamella M Knapp, Listing Office: RE/MAX Advantage
Is 49099, 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, 49099 was a Buyer's Market.
Key Takeaway
49099 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49099, MI
How much do homes in 49099, MI cost?
Median Sold Price
$215,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,000(+3.9%)
Key Takeaway
Homes in 49099 have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in 49099 was $215,000 in November 2024, up 3.9% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $54.9K | -70.3% |
| 2 Bedrooms | $155K | $175.2K | +13.1% |
| 3 Bedrooms | $182K | $224.9K | +23.6% |
| 4 Bedrooms | $403K | $305K | -24.3% |
| 5+ Bedrooms | $460K | $510K | +10.9% |
Summary: 49099 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.3%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 23.6%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes increased by 10.9%.
Median Sold Price Compared To Nearby Zip Codes
| 49042 | $176.5K | $229K | +29.7% |
| 49099 | $207K | $215K | +3.9% |
| 49091 | $180K | $185K | +2.8% |
Housing Supply in 49099, MI
How many homes are available in 49099, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 28 | +21.7% |
Summary: The 49099 real estate market had 28 homes for sale in November 2024, a 21.7% increase 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 49099 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 increased by 25%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 8 | +700.0% |
Asking Price vs. Sold Price
7 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 49099, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 49099 in November 2024, up by 700.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for 49099, MI
How long does it take to sell a home in 49099, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 7 Days | +84.4% |
Summary: Homes in 49099 had an average of 7 days on market in Nov 2024, up by 84.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49099 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 49099; 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.
