$4,216 Closing Credit*
$355,000
2,176 SqFt
3 Beds
•1 Full Bath
Jean Prangley, Listing Office: REMAX Central
Is 49632, 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, 49632 has remained a Seller's Market.
Key Takeaway
49632 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49632, MI
How much do homes in 49632, MI cost?
Median Sold Price
$137,500
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,950(+5.3%)
Key Takeaway
Homes in 49632 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 49632 was $137,500 in October 2024, up 5.3% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $100.9K | $135K | +33.7% |
| 3 Bedrooms | $137.4K | $200K | +45.5% |
| 4 Bedrooms | $130.5K | $113K | -13.4% |
| 5+ Bedrooms | - | $145K | N/A |
Summary: 49632 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 33.7%, 3 bedroom homes increased by 45.5%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes did not change.
Housing Supply in 49632, MI
How many homes are available in 49632, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The 49632 real estate market had 3 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 49632 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49632, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 49632 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49632, MI
How long does it take to sell a home in 49632, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 185 Days | 211 Days | +14.1% |
Summary: Homes in 49632 had an average of 211 days on market in Oct 2024, up by 14.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 49632 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in 49632; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
