$4,501 Closing Credit*
$379,000
2,146 SqFt
3 Beds
•2 Full Baths, 1 Partial
David A Streeter, Listing Office: Outshine Realty LLC
Is 49337, 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, 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
$278,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,100(+14.9%)
Key Takeaway
Homes in 49337 have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in 49337 was $278,000 in October 2024, up 14.9% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.9K | $277.4K | +38.8% |
| 2 Bedrooms | $221K | $200K | -9.5% |
| 3 Bedrooms | $240K | $289.7K | +20.7% |
| 4 Bedrooms | $385K | $332K | -13.8% |
| 5+ Bedrooms | $390K | $562K | +44.1% |
Summary: 49337 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.8%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes increased by 44.1%.
Housing Supply in 49337, MI
How many homes are available in 49337, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 65 | -3.0% |
Summary: The 49337 real estate market had 65 homes for sale in October 2024, a 3.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 32 | 27 | -15.6% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 49337 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 5.9%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49337, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 49337 in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 32 Days | -23.8% |
Summary: Homes in 49337 had an average of 32 days on market in Oct 2024, down by 23.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49337 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 49337; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
