$3,205 Closing Credit*
$269,900
2,490 SqFt
4 Beds
•3 Full Baths
Julie Hackworth, Listing Office: ERA REARDON REALTY, L.L.C.
Is 49283, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 49283 has remained a Seller's Market.
Key Takeaway
49283 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49283, MI
How much do homes in 49283, MI cost?
Median Sold Price
$279,500
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,600(+5.5%)
Key Takeaway
Homes in 49283 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 49283 was $279,500 in November 2024, up 5.5% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165.5K | $170K | +2.7% |
| 3 Bedrooms | $260K | $274K | +5.4% |
| 4 Bedrooms | $323.2K | $320K | -1.0% |
| 5+ Bedrooms | $319K | $392K | +22.9% |
Summary: 49283 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 2.7%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 22.9%.
Housing Supply in 49283, MI
How many homes are available in 49283, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Summary: The 49283 real estate market had 11 homes for sale in November 2024, a 21.4% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 49283 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
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 49283, 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 49283 in November 2024, down by 60.0% 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 49283, MI
How long does it take to sell a home in 49283, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 99 Days | +112.9% |
Summary: Homes in 49283 had an average of 99 days on market in Nov 2024, up by 112.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49283 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 49283; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
