$3,563 Closing Credit*
$300,000
1,947 SqFt
3 Beds
•2 Full Baths
Angela Takens, Listing Office: Sable Realty LLC
Is 49327, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$275,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,250(+18.7%)
Key Takeaway
Homes in 49327 have sold for 18.7% more than they did a year ago.
Summary: The median home sold price in 49327 was $275,000 in November 2024, up 18.7% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $155.5K | $191.9K | +23.4% |
| 3 Bedrooms | $228.5K | $272.5K | +19.3% |
| 4 Bedrooms | $260K | $190K | -26.9% |
| 5+ Bedrooms | $365K | $327.5K | -10.3% |
Summary: 49327 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 23.4%, 3 bedroom homes increased by 19.3%, 4 bedroom homes decreased by 26.9%, and 5+ bedroom homes decreased by 10.3%.
Housing Supply in 49327, MI
How many homes are available in 49327, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 30 | -18.9% |
Summary: The 49327 real estate market had 30 homes for sale in November 2024, a 18.9% 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 | 5 | +25.0% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 49327 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 increased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49327, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 49327 in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 24 Days | +168.9% |
Summary: Homes in 49327 had an average of 24 days on market in Nov 2024, up by 168.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49327 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 49327; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
