$3,205 Closing Credit*
$269,900
1,512 SqFt
3 Beds
•2 Full Baths
Aaron Jennings, Listing Office: Wiens And Roth Real Estate - Lambertville
Is 49267, 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, 49267 has remained a Seller's Market.
Key Takeaway
49267 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49267, MI
How much do homes in 49267, MI cost?
Median Sold Price
$255,822
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,677(-7.5%)
Key Takeaway
Homes in 49267 have sold for 7.5% less than they did a year ago.
Summary: The median home sold price in 49267 was $255,822 in October 2024, down 7.5% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $106K | - | N/A |
| 2 Bedrooms | $161K | $175K | +8.7% |
| 3 Bedrooms | $266.5K | $240.8K | -9.6% |
| 4 Bedrooms | $322.9K | $282.5K | -12.5% |
| 5+ Bedrooms | $280K | $637.5K | +127.7% |
Summary: 49267 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 8.7%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 127.7%.
Housing Supply in 49267, MI
How many homes are available in 49267, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The 49267 real estate market had 15 homes for sale in October 2024, a 25.0% 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 | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 49267 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 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 49267, 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 49267 in October 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 49267, MI
How long does it take to sell a home in 49267, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 202 Days | 26 Days | -87.0% |
Summary: Homes in 49267 had an average of 26 days on market in Oct 2024, down by 87% compared to last year.
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 49267 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 49267; 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.
