$891 Closing Credit*
$75,000
900 SqFt
2 Beds
•2 Full Baths
Bradley Landman, Listing Office: Coldwell Banker AJS (Casc)
Is 49344, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 49344 was a Seller's Market.
Key Takeaway
49344 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49344, MI
How much do homes in 49344, MI cost?
Median Sold Price
$330,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,050(+10.0%)
Key Takeaway
Homes in 49344 have sold for 10% more than they did a year ago.
Summary: The median home sold price in 49344 was $330,000 in October 2024, up 10% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $204K | - | N/A |
| 2 Bedrooms | $260K | $325K | +25.0% |
| 3 Bedrooms | $320K | $291.2K | -9.0% |
| 4 Bedrooms | $515K | $404K | -21.6% |
| 5+ Bedrooms | $228.5K | $271.8K | +18.9% |
Summary: 49344 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 21.6%, and 5+ bedroom homes increased by 18.9%.
Housing Supply in 49344, MI
How many homes are available in 49344, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Summary: The 49344 real estate market had 19 homes for sale in October 2024, a 18.8% 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 | 8 | 6 | -25.0% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49344 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 25%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49344, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 49344 in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49344, MI
How long does it take to sell a home in 49344, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 55 Days | +300.0% |
Summary: Homes in 49344 had an average of 55 days on market in Oct 2024, up by 300% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49344 has remained consistent over time.
Summary: During October 2024, 1 homes were sold in 49344; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
