Is 49252, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 49252 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 49252 was a Buyer's Market.

Key Takeaway

49252 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 49252, MI

How much do homes in 49252, MI cost?

Median Sold Price

$126,727

$109/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$44,727(+54.5%)

Key Takeaway

Homes in 49252 have sold for 54.5% more than they did a month ago.

Summary: The median home sold price in 49252 was $126,727 in December 2024, up 54.5% from last month, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $82K-
N/A
3 -$126.7K
N/A
4 --
N/A
5+ --
N/A

Summary: 49252 housing prices by bedroom type for December 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

49252
+54.5%
49245
+28.0%

Housing Supply in 49252, MI

How many homes are available in 49252, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
98-11.1%

Summary: The 49252 real estate market had 8 homes for sale in December 2024, a 11.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 66
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 49252 housing inventory by bedroom type for December 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 49252, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 49252 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 49252, MI

How long does it take to sell a home in 49252, MI?

Average Sale Time

Nov 2024Dec 2024CHANGE
5 Days67 Days+1240.0%

Summary: Homes in 49252 had an average of 67 days on market in Dec 2024, up by 1240% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 49252 has remained consistent over time.

Summary: During December 2024, 2 homes were sold in 49252; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in 49252, MI

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