$9,499 Closing Credit*
$799,900
1,920 SqFt
3 Beds
•2 Full Baths
Marcia Randall, Listing Office: Foundation Realty, LLC
Is 49265, 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, 49265 has remained a Seller's Market.
Key Takeaway
49265 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49265, MI
How much do homes in 49265, MI cost?
Median Sold Price
$325,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+8.3%)
Key Takeaway
Homes in 49265 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 49265 was $325,000 in October 2024, up 8.3% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | - | N/A |
| 2 Bedrooms | $195K | $185K | -5.1% |
| 3 Bedrooms | $299K | $259.9K | -13.1% |
| 4 Bedrooms | $312.5K | $400.4K | +28.1% |
| 5+ Bedrooms | $600K | $509.5K | -15.1% |
Summary: 49265 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 decreased by 5.1%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes decreased by 15.1%.
Housing Supply in 49265, MI
How many homes are available in 49265, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 25 | +38.9% |
Summary: The 49265 real estate market had 25 homes for sale in October 2024, a 38.9% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 12 | +50.0% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 49265 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 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
5 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 49265, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 49265 in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49265, MI
How long does it take to sell a home in 49265, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 90 Days | +123.3% |
Summary: Homes in 49265 had an average of 90 days on market in Oct 2024, up by 123.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49265 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 49265; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
