$3,918 Closing Credit*
$329,900
1,610 SqFt
3 Beds
•2 Full Baths
Erik Larson, Michael Smallegan, Listing Office: Keller Williams GR North
Is 49457, 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, 49457 has remained a Seller's Market.
Key Takeaway
49457 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49457, MI
How much do homes in 49457, MI cost?
Median Sold Price
$280,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+3.7%)
Key Takeaway
Homes in 49457 have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in 49457 was $280,000 in November 2024, up 3.7% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.7K | - | N/A |
| 2 Bedrooms | $189.9K | $195K | +2.7% |
| 3 Bedrooms | $246K | $263.4K | +7.1% |
| 4 Bedrooms | $294.2K | $315K | +7.1% |
| 5+ Bedrooms | $336K | $372K | +10.7% |
Summary: 49457 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 2.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 10.7%.
Housing Supply in 49457, MI
How many homes are available in 49457, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 53 | -14.5% |
Summary: The 49457 real estate market had 53 homes for sale in November 2024, a 14.5% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 49 | 41 | -16.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 49457 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 16.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49457, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 49457 in November 2024, down by 31.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.
Days on Market for 49457, MI
How long does it take to sell a home in 49457, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 21 Days | -35.1% |
Summary: Homes in 49457 had an average of 21 days on market in Nov 2024, down by 35.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49457 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 49457; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
