$2,316 Closing Credit*
$195,000
2,048 SqFt
2 Beds
•1 Bath
Karen Foust, Listing Office: CENTURY 21 Affiliated
Is 49274, 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, 49274 has remained a Seller's Market.
Key Takeaway
49274 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49274, MI
How much do homes in 49274, MI cost?
Median Sold Price
$168,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,000(-0.6%)
Key Takeaway
Homes in 49274 have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in 49274 was $168,000 in October 2024, down 0.6% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.2K | - | N/A |
| 2 Bedrooms | $221.5K | $139K | -37.2% |
| 3 Bedrooms | $140K | $177.5K | +26.8% |
| 4 Bedrooms | $210K | $310K | +47.6% |
| 5+ Bedrooms | $187K | $160K | -14.4% |
Summary: 49274 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 37.2%, 3 bedroom homes increased by 26.8%, 4 bedroom homes increased by 47.6%, and 5+ bedroom homes decreased by 14.4%.
Housing Supply in 49274, MI
How many homes are available in 49274, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Summary: The 49274 real estate market had 18 homes for sale in October 2024, a 5.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49274 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49274, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 49274 in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 49274, MI
How long does it take to sell a home in 49274, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 77 Days | +145.2% |
Summary: Homes in 49274 had an average of 77 days on market in Oct 2024, up by 145.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49274 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 49274; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
