$75,000
1.36 Acres
Land
Jamie Myers, Listing Office: Big Rapids Realty
Is 49639, 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, 49639 has remained a Seller's Market.
Key Takeaway
49639 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49639, MI
How much do homes in 49639, MI cost?
Median Sold Price
$239,450
$226/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$88,050(-26.9%)
Key Takeaway
Homes in 49639 have sold for 26.9% less than they did a month ago.
Summary: The median home sold price in 49639 was $239,450 in October 2024, down 26.9% from last month, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210.9K | N/A |
| 2 Bedrooms | - | $63K | N/A |
| 3 Bedrooms | $212.5K | $311.5K | +46.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $415K | - | N/A |
Summary: 49639 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 increased by 46.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 49639, MI
How many homes are available in 49639, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The 49639 real estate market had 18 homes for sale in October 2024, a 5.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 49639 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
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 49639, 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 49639 in October 2024, the same as the previous 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 49639, MI
How long does it take to sell a home in 49639, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 100 Days | +121.4% |
Summary: Homes in 49639 had an average of 100 days on market in Oct 2024, up by 121.4% 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 49639 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 49639; 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.
