$5,758 Closing Credit*
$484,900
2,418 SqFt
3 Beds
•1 Full Bath
Carol Franklin, Listing Office: BAYSHORE GROUP REALTY
Is 49637, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 49637 has remained a Seller's Market.
Key Takeaway
49637 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49637, MI
How much do homes in 49637, MI cost?
Median Sold Price
$342,500
$347/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$7,500(+2.2%)
Key Takeaway
Homes in 49637 have sold for 2.2% more than they did a month ago.
Summary: The median home sold price in 49637 was $342,500 in October 2024, up 2.2% from last month, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $350K | N/A |
| 2 Bedrooms | $105K | - | N/A |
| 3 Bedrooms | $350K | $335K | -4.3% |
| 4 Bedrooms | $330K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49637 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 49637, MI
How many homes are available in 49637, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The 49637 real estate market had 21 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49637 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49637, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 49637 in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 49637, MI
How long does it take to sell a home in 49637, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 184 Days | +211.9% |
Summary: Homes in 49637 had an average of 184 days on market in Oct 2024, up by 211.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49637 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 49637; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
