$344 Closing Credit*
$29,000
1,500 SqFt
2 Beds
Bryan Playford, Listing Office: Playford Real Estate
Is 49274, 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, 49274 was a Seller's Market.
Key Takeaway
49274 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49274, MI
How much do homes in 49274, MI cost?
Median Sold Price
$170,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-2.9%)
Key Takeaway
Homes in 49274 have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in 49274 was $170,000 in November 2024, down 2.9% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.2K | - | N/A |
| 2 Bedrooms | $234K | $139K | -40.6% |
| 3 Bedrooms | $138K | $185K | +34.1% |
| 4 Bedrooms | $232.5K | $292.5K | +25.8% |
| 5+ Bedrooms | $173.5K | $149K | -14.1% |
Summary: 49274 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 decreased by 40.6%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes decreased by 14.1%.
Housing Supply in 49274, MI
How many homes are available in 49274, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 49274 real estate market had 15 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49274 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 remained the same, 4 bedroom homes remained the same, 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
0 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 could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in 49274 in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 33 Days | +7.6% |
Summary: Homes in 49274 had an average of 33 days on market in Nov 2024, up by 7.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49274 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 49274; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
