$1,661 Closing Credit*
$139,900
1,282 SqFt
3 Beds
•1 Full Bath
Marcia Randall, Listing Office: Foundation Realty, LLC
Is 49235, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 49235 has remained a Seller's Market.
Key Takeaway
49235 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49235, MI
How much do homes in 49235, MI cost?
Median Sold Price
$164,450
$101/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$188,050(-53.3%)
Key Takeaway
Homes in 49235 have sold for 53.3% less than they did a month ago.
Summary: The median home sold price in 49235 was $164,450 in October 2024, down 53.3% from last month, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $159.9K | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $352.5K | $169K | -52.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: 49235 housing prices by bedroom type for October 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 did not change, 4 bedroom homes decreased by 52.1%, and 5+ bedroom homes did not change.
Housing Supply in 49235, MI
How many homes are available in 49235, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The 49235 real estate market had 9 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49235 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49235, 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 49235 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 49235, MI
How long does it take to sell a home in 49235, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 230 Days | 23 Days | -90.0% |
Summary: Homes in 49235 had an average of 23 days on market in Oct 2024, down by 90% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49235 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 49235; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
