$2,957 Closing Credit*
$249,000
1,440 SqFt
3 Beds
•2 Full Baths
Mark Brock, Listing Office: Coldwell Banker Schmidt Newaygo
Is 49337, 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, 49337 has remained a Seller's Market.
Key Takeaway
49337 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49337, MI
How much do homes in 49337, MI cost?
Median Sold Price
$278,950
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,050(+11.6%)
Key Takeaway
Homes in 49337 have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in 49337 was $278,950 in November 2024, up 11.6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.9K | $277.4K | +38.8% |
| 2 Bedrooms | $217.5K | $207.5K | -4.6% |
| 3 Bedrooms | $265K | $284.5K | +7.4% |
| 4 Bedrooms | $385K | $336K | -12.7% |
| 5+ Bedrooms | $335K | $475.4K | +41.9% |
Summary: 49337 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.8%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes increased by 41.9%.
Housing Supply in 49337, MI
How many homes are available in 49337, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 54 | -14.3% |
Summary: The 49337 real estate market had 54 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 16 | 10 | -37.5% |
| 3 Bedrooms | 27 | 27 | 0.0% |
| 4 Bedrooms | 11 | 7 | -36.4% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 49337 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49337, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 49337 in November 2024, up by 7.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for 49337, MI
How long does it take to sell a home in 49337, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 39 Days | +14.2% |
Summary: Homes in 49337 had an average of 39 days on market in Nov 2024, up by 14.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49337 has remained consistent over time.
Summary: During November 2024, 14 homes were sold in 49337; 43% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
