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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 49252 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 49252 was a Seller's Market.

Key Takeaway

49252 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 49252, MI

How much do homes in 49252, MI cost?

Median Sold Price

$132,500

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,500(+11.3%)

Key Takeaway

Homes in 49252 have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in 49252 was $132,500 in October 2024, up 11.3% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $112K$140K
+25.0%
3 $173.5K$132.5K
-23.6%
4 $117K$232K
+98.3%
5+ $137K$129.9K
-5.2%

Summary: 49252 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 23.6%, 4 bedroom homes increased by 98.3%, and 5+ bedroom homes decreased by 5.2%.

Median Sold Price Compared To Nearby Zip Codes

49227
+19.5%
49252
+11.3%
49250
-0.9%
49245
-8.0%

Housing Supply in 49252, MI

How many homes are available in 49252, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
711+57.1%

Summary: The 49252 real estate market had 11 homes for sale in October 2024, a 57.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 68
+33.3%
4 12
+100.0%
5+ 00
0.0%

Summary: The 49252 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 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 49252 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
55 Days10 Days-82.0%

Summary: Homes in 49252 had an average of 10 days on market in Oct 2024, down by 82% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 49252 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 49252; 100% of homes were sold within 30 days, 0% 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 23 Days Ago

Newest Listings in 49252, MI

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