$349,000
1.00 Acres
Land
Maureen Hatfield, Listing Office: Vaughan Realty
Is 49635, 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, 49635 has remained a Seller's Market.
Key Takeaway
49635 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49635, MI
How much do homes in 49635, MI cost?
Median Sold Price
$439,900
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,900(+2.3%)
Key Takeaway
Homes in 49635 have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in 49635 was $439,900 in November 2024, up 2.3% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355.8K | $285K | -19.9% |
| 2 Bedrooms | $415K | $380K | -8.4% |
| 3 Bedrooms | $379.5K | $391K | +3.0% |
| 4 Bedrooms | $600K | $520K | -13.3% |
| 5+ Bedrooms | $1.3M | $1.0M | -25.4% |
Summary: 49635 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.9%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 25.4%.
Median Sold Price Compared To Nearby Zip Codes
| 49617 | $371.5K | $420K | +13.1% |
| 49635 | $430K | $439.9K | +2.3% |
Housing Supply in 49635, MI
How many homes are available in 49635, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 21 | -19.2% |
Summary: The 49635 real estate market had 21 homes for sale in November 2024, a 19.2% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49635 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 25%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49635, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 49635 in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for 49635, MI
How long does it take to sell a home in 49635, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 224 Days | 75 Days | -66.3% |
Summary: Homes in 49635 had an average of 75 days on market in Nov 2024, down by 66.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49635 has remained consistent over time.
Summary: During November 2024, 7 homes were sold in 49635; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.