$2,731 Closing Credit*
$230,000
1,060 SqFt
2 Beds
•1 Full Bath, 1 Partial
James S Shull, Listing Office: Five Star Real Estate (Main)
Is 49327, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 49327 was a Seller's Market.
Key Takeaway
49327 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 49327, MI
How much do homes in 49327, MI cost?
Median Sold Price
$248,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,500(+9.5%)
Key Takeaway
Homes in 49327 have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in 49327 was $248,000 in October 2024, up 9.5% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $163K | $176.9K | +8.6% |
| 3 Bedrooms | $219.5K | $246K | +12.1% |
| 4 Bedrooms | $256.5K | $299.9K | +16.9% |
| 5+ Bedrooms | $365K | $320K | -12.3% |
Summary: 49327 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 12.3%.
Housing Supply in 49327, MI
How many homes are available in 49327, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 36 | +24.1% |
Summary: The 49327 real estate market had 36 homes for sale in October 2024, a 24.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 12 | 19 | +58.3% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 49327 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 58.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49327, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 49327 in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 49327, MI
How long does it take to sell a home in 49327, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 28 Days | +45.7% |
Summary: Homes in 49327 had an average of 28 days on market in Oct 2024, up by 45.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49327 has remained consistent over time.
Summary: During October 2024, 6 homes were sold in 49327; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
