$2,089 Closing Credit*
$175,900
1,722 SqFt
4 Beds
•1 Full Bath
ERIC ROPP, Listing Office: C-21 Affiliated - Jackson
Is 49237, 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, 49237 has remained a Seller's Market.
Key Takeaway
49237 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49237, MI
How much do homes in 49237, MI cost?
Median Sold Price
$230,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,000(-3.8%)
Key Takeaway
Homes in 49237 have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in 49237 was $230,000 in October 2024, down 3.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $182K | -20.9% |
| 2 Bedrooms | $187.7K | $165K | -12.1% |
| 3 Bedrooms | $231.4K | $230K | -0.6% |
| 4 Bedrooms | $249K | $322.5K | +29.5% |
| 5+ Bedrooms | $262.5K | $365.5K | +39.2% |
Summary: 49237 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.9%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes increased by 39.2%.
Median Sold Price Compared To Nearby Zip Codes
| 49237 | $239K | $230K | -3.8% |
| 49283 | $285K | $269.7K | -5.4% |
| 49245 | $156.5K | $144K | -8.0% |
| 49269 | $242K | $217.4K | -10.1% |
Housing Supply in 49237, MI
How many homes are available in 49237, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The 49237 real estate market had 11 homes for sale in October 2024, a 22.2% 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 | 7 | 8 | +14.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 49237 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 increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49237, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 49237 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49237, MI
How long does it take to sell a home in 49237, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 52 Days | +293.7% |
Summary: Homes in 49237 had an average of 52 days on market in Oct 2024, up by 293.7% 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 49237 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 49237; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
