Is 49336, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 49336 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 49336 has remained a Seller's Market.

Key Takeaway

49336 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 49336, MI

How much do homes in 49336, MI cost?

Median Sold Price

$227,000

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,450(-2.8%)

Key Takeaway

Homes in 49336 have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in 49336 was $227,000 in November 2024, down 2.8% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$73K
N/A
2 $125K$152.5K
+22.0%
3 $249.9K$241.5K
-3.4%
4 $293.2K$289.9K
-1.1%
5+ -$460K
N/A

Summary: 49336 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 22%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

49332
+7.7%
49346
+6.6%
49329
+4.1%
48850
0.5%
49336
-2.8%

Housing Supply in 49336, MI

How many homes are available in 49336, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
22220.0%

Summary: The 49336 real estate market had 22 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 55
0.0%
3 65
-16.7%
4 68
+33.3%
5+ 44
0.0%

Summary: The 49336 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 49336, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 49336 in November 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 49336, MI

How long does it take to sell a home in 49336, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
324 Days12 Days-96.1%

Summary: Homes in 49336 had an average of 12 days on market in Nov 2024, down by 96.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 49336 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 49336; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 49336, MI

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