$18,000
0.91 Acres
Land
Leah Gannon, Listing Office: LIGHTHOUSE REALTY-Manistee
Is 49410, 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, 49410 has remained a Neutral Market.
Key Takeaway
49410 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 49410, MI
How much do homes in 49410, MI cost?
Median Sold Price
$235,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$51,500(+28.1%)
Key Takeaway
Homes in 49410 have sold for 28.1% more than they did a year ago.
Summary: The median home sold price in 49410 was $235,000 in October 2024, up 28.1% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45K | - | N/A |
| 2 Bedrooms | $99K | $147.5K | +49.0% |
| 3 Bedrooms | $310K | $257K | -17.1% |
| 4 Bedrooms | $315K | $345K | +9.5% |
| 5+ Bedrooms | - | $447.5K | N/A |
Summary: 49410 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 49%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49454 | $144K | $189.9K | +31.9% |
| 49410 | $183.5K | $235K | +28.1% |
Housing Supply in 49410, MI
How many homes are available in 49410, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 13 | -35.0% |
Summary: The 49410 real estate market had 13 homes for sale in October 2024, a 35.0% decrease 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 | 9 | 5 | -44.4% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 49410 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 44.4%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49410, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 49410 in October 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 49410, MI
How long does it take to sell a home in 49410, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 223 Days | +1758.3% |
Summary: Homes in 49410 had an average of 223 days on market in Oct 2024, up by 1758.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49410 has remained consistent over time.
Summary: During October 2024, 2 homes were sold in 49410; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
