$3,503 Closing Credit*
$295,000
1,120 SqFt
3 Beds
•2 Full Baths, 1 Partial
Linda Streur, Listing Office: RE/MAX Lakeshore
Is 49419, 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, 49419 was a Seller's Market.
Key Takeaway
49419 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49419, MI
How much do homes in 49419, MI cost?
Median Sold Price
$355,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,500(+9.1%)
Key Takeaway
Homes in 49419 have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in 49419 was $355,000 in October 2024, up 9.1% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | - | N/A |
| 2 Bedrooms | $313.1K | $282.4K | -9.8% |
| 3 Bedrooms | $273.4K | $335K | +22.5% |
| 4 Bedrooms | $375K | $350K | -6.7% |
| 5+ Bedrooms | $912.4K | $560K | -38.6% |
Summary: 49419 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 decreased by 9.8%, 3 bedroom homes increased by 22.5%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 38.6%.
Housing Supply in 49419, MI
How many homes are available in 49419, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Summary: The 49419 real estate market had 18 homes for sale in October 2024, a 12.5% 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 49419 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 increased by 200%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49419, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 49419 in October 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 49419, MI
How long does it take to sell a home in 49419, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 3 Days | -89.8% |
Summary: Homes in 49419 had an average of 3 days on market in Oct 2024, down by 89.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49419 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 49419; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
