$4,453 Closing Credit*
$375,000
1,060 SqFt
2 Beds
•1 Full Bath
Ashley Shaw, Listing Office: Greenridge Realty Holland
Is 49453, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 49453 was a Seller's Market.
Key Takeaway
49453 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49453, MI
How much do homes in 49453, MI cost?
Median Sold Price
$642,500
$432/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,500(+3.6%)
Key Takeaway
Homes in 49453 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 49453 was $642,500 in October 2024, up 3.6% from last year, and the median price per square foot was $432.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $210K | 0.0% |
| 2 Bedrooms | $477.4K | $582.5K | +22.0% |
| 3 Bedrooms | $585K | $580K | -0.9% |
| 4 Bedrooms | $795K | $957.5K | +20.4% |
| 5+ Bedrooms | $842.5K | $795K | -5.6% |
Summary: 49453 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in 49453, MI
How many homes are available in 49453, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 36 | 0.0% |
Summary: The 49453 real estate market had 36 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 9 | 14 | +55.6% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The 49453 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 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 49453, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 49453 in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 49453, MI
How long does it take to sell a home in 49453, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 73 Days | +246.8% |
Summary: Homes in 49453 had an average of 73 days on market in Oct 2024, up by 246.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49453 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 49453; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
