$8,134 Closing Credit*
$685,000
1,586 SqFt
3 Beds
•2 Full Baths, 1 Partial
Brent S Lubbers, Listing Office: City2Shore Real Estate
Is 49534, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 49534 has remained a Seller's Market.
Key Takeaway
49534 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49534, MI
How much do homes in 49534, MI cost?
Median Sold Price
$349,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,000(+7.1%)
Key Takeaway
Homes in 49534 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 49534 was $349,000 in October 2024, up 7.1% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $209.9K | +147.0% |
| 2 Bedrooms | $220K | $278K | +26.4% |
| 3 Bedrooms | $325K | $350.5K | +7.8% |
| 4 Bedrooms | $392.9K | $387.5K | -1.4% |
| 5+ Bedrooms | $504.9K | $500K | -1.0% |
Summary: 49534 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 147%, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 1%.
Housing Supply in 49534, MI
How many homes are available in 49534, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 58 | 0.0% |
Summary: The 49534 real estate market had 58 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 32 | 30 | -6.3% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 49534 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 25%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49534, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 49534 in October 2024, up by 12.5% month-over-month. Of the 18 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 49534, MI
How long does it take to sell a home in 49534, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 27 Days | +13.9% |
Summary: Homes in 49534 had an average of 27 days on market in Oct 2024, up by 13.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49534 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in 49534; 61% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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