$95,000
5.00 Acres
Land
Jon Zickert, Listing Office: REO-TCBeulah-Frankfort-233027
Is 49635, 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, 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
$520,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$103,000(+24.7%)
Key Takeaway
Homes in 49635 have sold for 24.7% more than they did a year ago.
Summary: The median home sold price in 49635 was $520,000 in October 2024, up 24.7% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355.8K | $285K | -19.9% |
| 2 Bedrooms | $387.5K | $865K | +123.2% |
| 3 Bedrooms | $379.5K | $391K | +3.0% |
| 4 Bedrooms | $560K | $520K | -7.1% |
| 5+ Bedrooms | $1.0M | $1.1M | +13.4% |
Summary: 49635 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.9%, 2 bedroom homes increased by 123.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Zip Codes
| 49635 | $417K | $520K | +24.7% |
| 49617 | $420.2K | $400K | -4.8% |
Housing Supply in 49635, MI
How many homes are available in 49635, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The 49635 real estate market had 25 homes for sale in October 2024, a 7.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49635 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 remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 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. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 49635 in October 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 75 Days | 102 Days | +36.1% |
Summary: Homes in 49635 had an average of 102 days on market in Oct 2024, up by 36.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49635 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 49635; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
