$2,849 Closing Credit*
$239,900
Kyle Westrate, Listing Office: Place Real Estate
Is 49435, 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, 49435 has remained a Seller's Market.
Key Takeaway
49435 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49435, MI
How much do homes in 49435, MI cost?
Median Sold Price
$381,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,250(+11.5%)
Key Takeaway
Homes in 49435 have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in 49435 was $381,000 in November 2024, up 11.5% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | $287K | -1.0% |
| 3 Bedrooms | $342.4K | $304.9K | -11.0% |
| 4 Bedrooms | $433.7K | $496.2K | +14.4% |
| 5+ Bedrooms | $270K | $747.5K | +176.9% |
Summary: 49435 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 decreased by 1%, 3 bedroom homes decreased by 11%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 176.9%.
Housing Supply in 49435, MI
How many homes are available in 49435, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Summary: The 49435 real estate market had 1 homes for sale in November 2024, a 75.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49435 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
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 49435, 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 49435 in November 2024, down by 66.7% 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 49435, MI
How long does it take to sell a home in 49435, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 7 Days | 0.0% |
Summary: Homes in 49435 had an average of 7 days on market in Nov 2024, the same as 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 49435 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 49435; 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.