$10,000 Closing Credit*
$850,000
2,000 SqFt
5 Beds
•2 Full Baths
Zach Mikowski, Listing Office: Keller Williams Northern Michi
Is 49653, 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, 49653 has remained a Seller's Market.
Key Takeaway
49653 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49653, MI
How much do homes in 49653, MI cost?
Median Sold Price
$1,711,000
$724/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$27,000(-1.6%)
Key Takeaway
Homes in 49653 have sold for 1.6% less than they did a month ago.
Summary: The median home sold price in 49653 was $1,711,000 in October 2024, down 1.6% from last month, and the median price per square foot was $724.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $851K | N/A |
| 3 Bedrooms | $920K | $2.3M | +154.9% |
| 4 Bedrooms | $2.3M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49653 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 154.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 49653, MI
How many homes are available in 49653, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The 49653 real estate market had 13 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 49653 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 increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49653, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 49653 in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 49653, MI
How long does it take to sell a home in 49653, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 108 Days | 41 Days | -61.5% |
Summary: Homes in 49653 had an average of 41 days on market in Oct 2024, down by 61.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was 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 49653 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 49653; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
