$1,661 Closing Credit*
$139,900
1,074 SqFt
3 Beds
•1 Full Bath
Angie Miller, Listing Office: Five Star Real Estate
Is 49444, 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, 49444 has remained a Seller's Market.
Key Takeaway
49444 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49444, MI
How much do homes in 49444, MI cost?
Median Sold Price
$153,750
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,750(+18.3%)
Key Takeaway
Homes in 49444 have sold for 18.3% more than they did a year ago.
Summary: The median home sold price in 49444 was $153,750 in November 2024, up 18.3% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $26K | $45K | +73.1% |
| 2 Bedrooms | $79.7K | $94.8K | +18.9% |
| 3 Bedrooms | $155K | $182.3K | +17.6% |
| 4 Bedrooms | $219.5K | $251.4K | +14.6% |
| 5+ Bedrooms | $469.9K | $407.2K | -13.3% |
Summary: 49444 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 73.1%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes decreased by 13.3%.
Housing Supply in 49444, MI
How many homes are available in 49444, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 115 | 98 | -14.8% |
Summary: The 49444 real estate market had 98 homes for sale in November 2024, a 14.8% 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 | 41 | 34 | -17.1% |
| 3 Bedrooms | 55 | 50 | -9.1% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 49444 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 17.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 18 | -45.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49444, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 49444 in November 2024, down by 45.5% month-over-month. Of the 18 sold homes, 44% were sold under asking, 17% were sold at asking, and 39% were sold over asking.
Days on Market for 49444, MI
How long does it take to sell a home in 49444, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 28 Days | +52.7% |
Summary: Homes in 49444 had an average of 28 days on market in Nov 2024, up by 52.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49444 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 49444; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
