$1,424 Closing Credit*
$119,900
1,989 SqFt
3 Beds
•1 Full Bath
Jon Parsons, Listing Office: Greenridge Realty Muskegon
Is 49440, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 49440 was a Neutral Market.
Key Takeaway
49440 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49440, MI
How much do homes in 49440, MI cost?
Median Sold Price
$374,500
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$120,000(-24.3%)
Key Takeaway
Homes in 49440 have sold for 24.3% less than they did a year ago.
Summary: The median home sold price in 49440 was $374,500 in December 2024, down 24.3% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $215K | N/A |
| 3 Bedrooms | $850K | $806K | -5.2% |
| 4 Bedrooms | $494.5K | $420K | -15.1% |
| 5+ Bedrooms | $259.9K | $148K | -43.1% |
Summary: 49440 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 43.1%.
Housing Supply in 49440, MI
How many homes are available in 49440, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The 49440 real estate market had 5 homes for sale in December 2024, a 25.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 2 | +100.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49440 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 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 49440, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 49440 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49440, MI
How long does it take to sell a home in 49440, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 18 Days | 6 Days | -63.9% |
Summary: Homes in 49440 had an average of 6 days on market in Dec 2024, down by 63.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49440 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in 49440; 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.
