$5,094 Closing Credit*
$429,000
2,858 SqFt
6 Beds
•3 Full Baths
Rene Hills, Listing Office: REO-TCFront-233021
Is 49649, 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, 49649 has remained a Buyer's Market.
Key Takeaway
49649 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49649, MI
How much do homes in 49649, MI cost?
Median Sold Price
$309,900
$169/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$43,164(+16.2%)
Key Takeaway
Homes in 49649 have sold for 16.2% more than they did a month ago.
Summary: The median home sold price in 49649 was $309,900 in October 2024, up 16.2% from last month, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239.2K | - | N/A |
| 3 Bedrooms | $346K | $310K | -10.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $309.9K | N/A |
Summary: 49649 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 10.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 49649, MI
How many homes are available in 49649, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Summary: The 49649 real estate market had 37 homes for sale in October 2024, a 5.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 49649 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 66.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49649, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 49649 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for 49649, MI
How long does it take to sell a home in 49649, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 Days | 36 Days | -45.7% |
Summary: Homes in 49649 had an average of 36 days on market in Oct 2024, down by 45.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49649 has remained consistent over time.
Summary: During October 2024, 3 homes were sold in 49649; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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