$1,425 Closing Credit*
$120,000
776 SqFt
2 Beds
•1 Bath
Betsy Kirkby, Listing Office: ERA Greater North Properties
Is 49657, 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, 49657 has remained a Seller's Market.
Key Takeaway
49657 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49657, MI
How much do homes in 49657, MI cost?
Median Sold Price
$300,000
$109/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$20,500(+7.3%)
Key Takeaway
Homes in 49657 have sold for 7.3% more than they did a month ago.
Summary: The median home sold price in 49657 was $300,000 in November 2024, up 7.3% from last month, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $259K | - | N/A |
| 3 Bedrooms | $233K | $240K | +3.0% |
| 4 Bedrooms | - | $424.9K | N/A |
| 5+ Bedrooms | $305K | - | N/A |
Summary: 49657 housing prices by bedroom type for November 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 3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 49657, MI
How many homes are available in 49657, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The 49657 real estate market had 9 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 49657 housing inventory by bedroom type for November 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49657, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 49657 in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 49657, MI
How long does it take to sell a home in 49657, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 59 Days | +25.3% |
Summary: Homes in 49657 had an average of 59 days on market in Nov 2024, up by 25.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49657 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 49657; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
