$9,488 Closing Credit*
$799,000
1,860 SqFt
4 Beds
•2 Full Baths, 1 Partial
Maureen Culp, Listing Office: RE/MAX Harbor Country
Is 49115, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 49115 has remained a Seller's Market.
Key Takeaway
49115 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49115, MI
How much do homes in 49115, MI cost?
Median Sold Price
$687,500
$382/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$127,500(-15.6%)
Key Takeaway
Homes in 49115 have sold for 15.6% less than they did a year ago.
Summary: The median home sold price in 49115 was $687,500 in October 2024, down 15.6% from last year, and the median price per square foot was $382.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $340K | N/A |
| 2 Bedrooms | $450K | $595K | +32.2% |
| 3 Bedrooms | $850K | $660K | -22.4% |
| 4 Bedrooms | $812.5K | $1.3M | +60.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: 49115 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.2%, 3 bedroom homes decreased by 22.4%, 4 bedroom homes increased by 60%, and 5+ bedroom homes did not change.
Housing Supply in 49115, MI
How many homes are available in 49115, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The 49115 real estate market had 10 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49115 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
4 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 49115, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 49115 in October 2024, up by 100.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 49115, MI
How long does it take to sell a home in 49115, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 1 Day | 45 Days | +4400.0% |
Summary: Homes in 49115 had an average of 45 days on market in Oct 2024, up by 4400% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49115 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 49115; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
