$3,794 Closing Credit*
$319,500
3,401 SqFt
1 Bath
Ann Fox, Listing Office: Coldwell Banker Schmidt-Cadillac
Is 49663, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 49663 was a Seller's Market.
Key Takeaway
49663 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49663, MI
How much do homes in 49663, MI cost?
Median Sold Price
$195,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$34,900(-15.2%)
Key Takeaway
Homes in 49663 have sold for 15.2% less than they did a year ago.
Summary: The median home sold price in 49663 was $195,000 in November 2024, down 15.2% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $94K | -1.1% |
| 2 Bedrooms | $155K | $150K | -3.2% |
| 3 Bedrooms | $240K | $190K | -20.8% |
| 4 Bedrooms | $246.5K | $339.9K | +37.9% |
| 5+ Bedrooms | $275K | $280K | +1.8% |
Summary: 49663 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes increased by 37.9%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in 49663, MI
How many homes are available in 49663, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The 49663 real estate market had 19 homes for sale in November 2024, a 11.8% increase 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 | 1 | -50.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 49663 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 decreased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 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 49663, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 49663 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 49663, MI
How long does it take to sell a home in 49663, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 34 Days | +38.8% |
Summary: Homes in 49663 had an average of 34 days on market in Nov 2024, up by 38.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49663 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 49663; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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