$4,274 Closing Credit*
$359,900
2,532 SqFt
3 Beds
•2 Full Baths
Keri Wade, Listing Office: Five Star Real Estate Whitehall
Is 49404, 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, 49404 has remained a Seller's Market.
Key Takeaway
49404 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49404, MI
How much do homes in 49404, MI cost?
Median Sold Price
$332,500
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,500(+2.9%)
Key Takeaway
Homes in 49404 have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in 49404 was $332,500 in November 2024, up 2.9% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $239.9K | N/A |
| 2 Bedrooms | $205K | $276K | +34.6% |
| 3 Bedrooms | $290K | $315K | +8.6% |
| 4 Bedrooms | $345K | $389.5K | +12.9% |
| 5+ Bedrooms | $362.5K | $575K | +58.6% |
Summary: 49404 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 34.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 58.6%.
Median Sold Price Compared To Nearby Zip Codes
| 49401 | $370K | $415K | +12.2% |
| 49435 | $341.7K | $381K | +11.5% |
| 49404 | $323K | $332.5K | +2.9% |
Housing Supply in 49404, MI
How many homes are available in 49404, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 20 | -25.9% |
Summary: The 49404 real estate market had 20 homes for sale in November 2024, a 25.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 49404 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49404, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 49404 in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.
Days on Market for 49404, MI
How long does it take to sell a home in 49404, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 40 Days | -40.3% |
Summary: Homes in 49404 had an average of 40 days on market in Nov 2024, down by 40.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49404 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 49404; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
