$7,480 Closing Credit*
$629,900
2,050 SqFt
3 Beds
•2 Full Baths, 1 Partial
Daniel Dick, Listing Office: Five Star Real Estate (Ada)
Is 49321, 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, 49321 has remained a Seller's Market.
Key Takeaway
49321 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49321, MI
How much do homes in 49321, MI cost?
Median Sold Price
$318,450
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,450(+9.4%)
Key Takeaway
Homes in 49321 have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in 49321 was $318,450 in November 2024, up 9.4% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | $137K | -13.0% |
| 2 Bedrooms | $232.2K | $265K | +14.1% |
| 3 Bedrooms | $291.7K | $312.5K | +7.1% |
| 4 Bedrooms | $325K | $350K | +7.7% |
| 5+ Bedrooms | $360K | $465K | +29.2% |
Summary: 49321 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 29.2%.
Housing Supply in 49321, MI
How many homes are available in 49321, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 25 | -24.2% |
Summary: The 49321 real estate market had 25 homes for sale in November 2024, a 24.2% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 15 | 7 | -53.3% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 49321 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 53.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49321, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 49321 in November 2024, down by 42.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for 49321, MI
How long does it take to sell a home in 49321, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 26 Days | +126.7% |
Summary: Homes in 49321 had an average of 26 days on market in Nov 2024, up by 126.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49321 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 49321; 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.
