$7,599 Closing Credit*
$639,900
3,036 SqFt
5 Beds
•3 Full Baths
Tracy Fitch, Listing Office: CENTURY 21 Affiliated
Is 49232, 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, 49232 was a Seller's Market.
Key Takeaway
49232 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 49232, MI
How much do homes in 49232, MI cost?
Median Sold Price
$257,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,000(+15.8%)
Key Takeaway
Homes in 49232 have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in 49232 was $257,000 in November 2024, up 15.8% 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 | - | $105K | N/A |
| 2 Bedrooms | $222K | $130K | -41.4% |
| 3 Bedrooms | $205K | $275K | +34.1% |
| 4 Bedrooms | $275.4K | $175K | -36.5% |
| 5+ Bedrooms | $257.5K | $446.2K | +73.3% |
Summary: 49232 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.4%, 3 bedroom homes increased by 34.1%, 4 bedroom homes decreased by 36.5%, and 5+ bedroom homes increased by 73.3%.
Housing Supply in 49232, MI
How many homes are available in 49232, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Summary: The 49232 real estate market had 13 homes for sale in November 2024, a 13.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49232 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
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 49232, 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 49232 in November 2024, down by 50.0% 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 49232, MI
How long does it take to sell a home in 49232, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 96 Days | +280.2% |
Summary: Homes in 49232 had an average of 96 days on market in Nov 2024, up by 280.2% 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 49232 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 49232; 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.
