$94,900
8.08 Acres
Land
Camille Campbell, Listing Office: Coldwell Banker Schmidt Traverse City
Housing Prices in 49616, MI
How much do homes in 49616, MI cost?
Median List Price
$295,000
$168/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$46,000(+18.5%)
Key Takeaway
The list price of homes in 49616 has increased by 18.5% since last year.
Summary: The median home list price in 49616 was $295,000 in November 2024, up 18.5% from the previous year, and the median price per square foot was $168.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.5K | - | N/A |
| 2 Bedrooms | $199K | $185K | -7.0% |
| 3 Bedrooms | $227K | $298K | +31.3% |
| 4 Bedrooms | $395K | $292.4K | -26.0% |
| 5+ Bedrooms | $349.9K | $419.9K | +20.0% |
Summary: 49616 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 decreased by 7%, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 26%, and 5+ bedroom homes increased by 20%.
Housing Supply in 49616, MI
How many homes are available in 49616, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The 49616 real estate market had 11 homes for sale in November 2024, a 15.4% 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 49616 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 66.7%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for 49616, MI
How long does it take to sell a home in 49616, MI?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 124 Days | 92 Days | -25.3% |
Summary: Homes in 49616 had an average listing age of 92 days in Nov 2024, down by 25.3% compared to the previous year.
