$6,519 Closing Credit*
$549,000
3,100 SqFt
3 Beds
•2 Full Baths
Christopher Powers, Listing Office: eXp Realty, LLC
Is 49233, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 49233 was a Neutral Market.
Key Takeaway
49233 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49233, MI
How much do homes in 49233, MI cost?
Median Sold Price
$289,900
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,900(+5.4%)
Key Takeaway
Homes in 49233 have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in 49233 was $289,900 in October 2024, up 5.4% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $190K | +35.7% |
| 3 Bedrooms | $295K | $294.4K | -0.2% |
| 4 Bedrooms | $282.5K | $365K | +29.2% |
| 5+ Bedrooms | $140K | $422.5K | +201.8% |
Summary: 49233 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 35.7%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 201.8%.
Median Sold Price Compared To Nearby Zip Codes
| 49249 | $229.9K | $263K | +14.4% |
| 49220 | $235K | $250K | +6.4% |
| 49233 | $275K | $289.9K | +5.4% |
Housing Supply in 49233, MI
How many homes are available in 49233, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The 49233 real estate market had 17 homes for sale in October 2024, a 10.5% decrease 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49233 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49233, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 49233 in October 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for 49233, MI
How long does it take to sell a home in 49233, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 266 Days | 39 Days | -85.1% |
Summary: Homes in 49233 had an average of 39 days on market in Oct 2024, down by 85.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49233 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 49233; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
