Is 49544, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 49544 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 49544 has remained a Seller's Market.

Key Takeaway

49544 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 49544, MI

How much do homes in 49544, MI cost?

Median Sold Price

$307,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$500(-0.2%)

Key Takeaway

The sold price of homes in 49544 has remained the same since last year.

Summary: The median home sold price in 49544 was $307,000 in December 2024, down 0.2% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $250K$245K
-2.0%
3 $307.5K$307K
-0.2%
4 $306.5K$349K
+13.9%
5+ $672.9K$370K
-45.0%

Summary: 49544 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 decreased by 2%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 45%.

Median Sold Price Compared To Nearby Zip Codes

49534
+10.7%
49321
+9.1%
49504
+8.5%
49505
+6.5%
49544
-0.2%

Housing Supply in 49544, MI

How many homes are available in 49544, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
107-30.0%

Summary: The 49544 real estate market had 7 homes for sale in December 2024, a 30.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 74
-42.9%
4 10
-100.0%
5+ 12
+100.0%

Summary: The 49544 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 decreased by 42.9%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 49544, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 49544 in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 49544, MI

How long does it take to sell a home in 49544, MI?

Average Sale Time

Dec 2023Dec 2024CHANGE
27 Days8 Days-70.9%

Summary: Homes in 49544 had an average of 8 days on market in Dec 2024, down by 70.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 49544 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 49544; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 49544, MI

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