$9,499 Closing Credit*
$799,900
4,054 SqFt
5 Beds
•2 Full Baths
Trevor Bartkowiak, Joshua Zilke, Listing Office: RE/MAX Lakeshore
Is 49437, 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, 49437 has remained a Seller's Market.
Key Takeaway
49437 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49437, MI
How much do homes in 49437, MI cost?
Median Sold Price
$274,650
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,750(+15.0%)
Key Takeaway
Homes in 49437 have sold for 15% more than they did a year ago.
Summary: The median home sold price in 49437 was $274,650 in November 2024, up 15% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169.6K | $174.7K | +3.0% |
| 3 Bedrooms | $245K | $260K | +6.1% |
| 4 Bedrooms | $239.9K | $380K | +58.4% |
| 5+ Bedrooms | $369.9K | $357.5K | -3.4% |
Summary: 49437 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 3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 58.4%, and 5+ bedroom homes decreased by 3.4%.
Housing Supply in 49437, MI
How many homes are available in 49437, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The 49437 real estate market had 25 homes for sale in November 2024, a 3.8% 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 49437 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 14.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49437, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 49437 in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 49437, MI
How long does it take to sell a home in 49437, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 19 Days | -66.5% |
Summary: Homes in 49437 had an average of 19 days on market in Nov 2024, down by 66.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49437 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 49437; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
