$4,382 Closing Credit*
$369,000
2,230 SqFt
5 Beds
•3 Full Baths
Sydney Hardy, Listing Office: Key Realty One
Is 49288, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 49288 was a Neutral Market.
Key Takeaway
49288 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49288, MI
How much do homes in 49288, MI cost?
Median Sold Price
$122,500
$124/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$177,500(-59.2%)
Key Takeaway
Homes in 49288 have sold for 59.2% less than they did a month ago.
Summary: The median home sold price in 49288 was $122,500 in November 2024, down 59.2% from last month, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $140K | N/A |
| 3 Bedrooms | - | $105K | N/A |
| 4 Bedrooms | $300K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49288 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49271 | $190K | $214.9K | +13.1% |
| 49256 | $145K | $146.5K | +1.0% |
| 49288 | $300K | $122.5K | -59.2% |
Housing Supply in 49288, MI
How many homes are available in 49288, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The 49288 real estate market had 6 homes for sale in November 2024, a 14.3% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49288 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 decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
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 49288, 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 49288 in November 2024, up by 100.0% 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 49288, MI
How long does it take to sell a home in 49288, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 176 Days | 175 Days | -0.3% |
Summary: Homes in 49288 had an average of 175 days on market in Nov 2024, down by 0.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 49288 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 2 homes were sold in 49288; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
