$5,343 Closing Credit*
$449,900
1,640 SqFt
3 Beds
•2 Full Baths
Randall Zakrajsek, Listing Office: Five Star Real Estate - Onekama
Is 49420, 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, 49420 has remained a Seller's Market.
Key Takeaway
49420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49420, MI
How much do homes in 49420, MI cost?
Median Sold Price
$235,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,100(+23.7%)
Key Takeaway
Homes in 49420 have sold for 23.7% more than they did a year ago.
Summary: The median home sold price in 49420 was $235,000 in November 2024, up 23.7% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $203K | +84.5% |
| 2 Bedrooms | $177K | $175K | -1.1% |
| 3 Bedrooms | $230K | $280K | +21.7% |
| 4 Bedrooms | $150K | $257.9K | +72.0% |
| 5+ Bedrooms | $232.5K | $232.5K | 0.0% |
Summary: 49420 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 84.5%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 72%, and 5+ bedroom homes did not change.
Housing Supply in 49420, MI
How many homes are available in 49420, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Summary: The 49420 real estate market had 20 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 3 | -57.1% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 49420 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 57.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49420, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 49420 in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49420, MI
How long does it take to sell a home in 49420, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 57 Days | +13.6% |
Summary: Homes in 49420 had an average of 57 days on market in Nov 2024, up by 13.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49420 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 49420; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
