$8,906 Closing Credit*
$750,000
3,692 SqFt
5 Beds
•3 Full Baths
Mark Hagan, Listing Office: Coldwell Banker Schmidt Traverse City
Is 49664, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 49664 was a Buyer's Market.
Key Takeaway
49664 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49664, MI
How much do homes in 49664, MI cost?
Median Sold Price
$1,101,025
$812/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$811,025(+279.7%)
Key Takeaway
Homes in 49664 have sold for 279.7% more than they did a month ago.
Summary: The median home sold price in 49664 was $1,101,025 in December 2024, up 279.7% from last month, and the median price per square foot was $812.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $327K | N/A |
| 3 Bedrooms | $290K | $1.8M | +546.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49664 housing prices by bedroom type for December 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 546.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49664 | $290K | $1.1M | +279.7% |
| 49630 | $435K | $1.3M | +218.7% |
Housing Supply in 49664, MI
How many homes are available in 49664, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The 49664 real estate market had 10 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 49664 housing inventory by bedroom type for December 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49664, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 49664 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49664, MI
How long does it take to sell a home in 49664, MI?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 43 Days | 133 Days | +210.5% |
Summary: Homes in 49664 had an average of 133 days on market in Dec 2024, up by 210.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49664 has remained consistent over time.
Summary: During December 2024, 2 homes were sold in 49664; 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.
