$4,986 Closing Credit*
$419,900
2,190 SqFt
4 Beds
•2 Full Baths, 1 Partial
Stacie Banfield, Listing Office: Wiens And Roth Real Estate - Lambertville
Is 49270, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 49270 was a Seller's Market.
Key Takeaway
49270 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49270, MI
How much do homes in 49270, MI cost?
Median Sold Price
$295,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$78,950(+36.5%)
Key Takeaway
Homes in 49270 have sold for 36.5% more than they did a year ago.
Summary: The median home sold price in 49270 was $295,000 in November 2024, up 36.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $675K | N/A |
| 2 Bedrooms | $179K | $217K | +21.2% |
| 3 Bedrooms | $211.5K | $288K | +36.2% |
| 4 Bedrooms | $330.7K | $352.5K | +6.6% |
| 5+ Bedrooms | $518.5K | $540K | +4.1% |
Summary: 49270 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 36.2%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Zip Codes
| 49270 | $216K | $295K | +36.5% |
| 49238 | $176.5K | $188.5K | +6.8% |
| 48131 | $292K | $270K | -7.5% |
Housing Supply in 49270, MI
How many homes are available in 49270, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The 49270 real estate market had 16 homes for sale in November 2024, a 11.1% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49270 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 remained the same, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 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 49270, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 49270 in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49270, MI
How long does it take to sell a home in 49270, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 40 Days | +96.7% |
Summary: Homes in 49270 had an average of 40 days on market in Nov 2024, up by 96.7% compared to last year.
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
Key Takeaway
Avg time on Rocket Homes in 49270 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 49270; 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.
