$3,561 Closing Credit*
$299,900
1,086 SqFt
3 Beds
•2 Full Baths, 1 Partial
Stephen P Robrahn, Listing Office: RE/MAX of Grand Rapids (FH)
Is 49333, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 49333 has remained a Seller's Market.
Key Takeaway
49333 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49333, MI
How much do homes in 49333, MI cost?
Median Sold Price
$372,305
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$44,855(+13.7%)
Key Takeaway
Homes in 49333 have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in 49333 was $372,305 in October 2024, up 13.7% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $665K | $150K | -77.4% |
| 2 Bedrooms | $315K | $373.5K | +18.6% |
| 3 Bedrooms | $299.9K | $338.3K | +12.8% |
| 4 Bedrooms | $340K | $375K | +10.3% |
| 5+ Bedrooms | $413.4K | $544.7K | +31.8% |
Summary: 49333 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.4%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 31.8%.
Housing Supply in 49333, MI
How many homes are available in 49333, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 48 | +9.1% |
Summary: The 49333 real estate market had 48 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 21 | 27 | +28.6% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 49333 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 increased by 50%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49333, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 49333 in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for 49333, MI
How long does it take to sell a home in 49333, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 23 Days | +2.9% |
Summary: Homes in 49333 had an average of 23 days on market in Oct 2024, up by 2.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49333 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 49333; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.