$3,443 Closing Credit*
$289,900
1,682 SqFt
3 Beds
•2 Full Baths
Scott Timms, Listing Office: BNR Real Estate Group
Is 49234, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 49234 was a Neutral Market.
Key Takeaway
49234 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49234, MI
How much do homes in 49234, MI cost?
Median Sold Price
$261,100
$127/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$168,900(-39.3%)
Key Takeaway
Homes in 49234 have sold for 39.3% less than they did a month ago.
Summary: The median home sold price in 49234 was $261,100 in November 2024, down 39.3% from last month, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | - | N/A |
| 3 Bedrooms | $650K | $261.1K | -59.8% |
| 4 Bedrooms | - | $445K | N/A |
| 5+ Bedrooms | - | $205K | N/A |
Summary: 49234 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 59.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 49234, MI
How many homes are available in 49234, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The 49234 real estate market had 11 homes for sale in November 2024, a 8.3% 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 | 2 | 0 | -100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49234 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49234, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 49234 in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 49234, MI
How long does it take to sell a home in 49234, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 43 Days | -38.7% |
Summary: Homes in 49234 had an average of 43 days on market in Nov 2024, down by 38.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49234 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 49234; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
