$2,136 Closing Credit*
$179,900
1,768 SqFt
4 Beds
•1 Full Bath
Selina R Wells, Listing Office: Real Broker LLC
Is 49241, 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, 49241 has remained a Seller's Market.
Key Takeaway
49241 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49241, MI
How much do homes in 49241, MI cost?
Median Sold Price
$332,000
$225/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$14,350(+4.5%)
Key Takeaway
Homes in 49241 have sold for 4.5% more than they did a month ago.
Summary: The median home sold price in 49241 was $332,000 in November 2024, up 4.5% from last month, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $120.3K | - | N/A |
| 3 Bedrooms | - | $378.5K | N/A |
| 4 Bedrooms | - | $332K | N/A |
| 5+ Bedrooms | $515K | - | N/A |
Summary: 49241 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49241 | $317.6K | $332K | +4.5% |
| 49252 | $224.9K | $82K | -63.5% |
Housing Supply in 49241, MI
How many homes are available in 49241, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The 49241 real estate market had 9 homes for sale in November 2024, a 10.0% 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 | 1 | -50.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 49241 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49241, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 49241 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 49241, MI
How long does it take to sell a home in 49241, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 19 Days | +20.8% |
Summary: Homes in 49241 had an average of 19 days on market in Nov 2024, up by 20.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49241 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 49241; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
