$5,344 Closing Credit*
$450,000
2,682 SqFt
4 Beds
•2 Full Baths, 1 Partial
Bradley John Fuzak, Listing Office: Keller Williams Lakeshore
Is 49323, 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, 49323 has remained a Seller's Market.
Key Takeaway
49323 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49323, MI
How much do homes in 49323, MI cost?
Median Sold Price
$350,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,500(+2.5%)
Key Takeaway
Homes in 49323 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 49323 was $350,000 in November 2024, up 2.5% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $214.5K | $365K | +70.2% |
| 3 Bedrooms | $302.5K | $332K | +9.8% |
| 4 Bedrooms | $347.5K | $372.5K | +7.2% |
| 5+ Bedrooms | $397.3K | $444K | +11.8% |
Summary: 49323 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 70.2%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 11.8%.
Housing Supply in 49323, MI
How many homes are available in 49323, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The 49323 real estate market had 16 homes for sale in November 2024, a 6.7% increase 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 | 1 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 49323 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 increased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49323, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 49323 in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for 49323, MI
How long does it take to sell a home in 49323, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 16 Days | -33.5% |
Summary: Homes in 49323 had an average of 16 days on market in Nov 2024, down by 33.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49323 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 49323; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
