$995,000
21.43 Acres
Land
John Martin, Listing Office: The Martin Company
Is 49670, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 49670 has remained a Seller's Market.
Key Takeaway
49670 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49670, MI
How much do homes in 49670, MI cost?
Median Sold Price
$639,500
$447/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$175,000(+37.7%)
Key Takeaway
Homes in 49670 have sold for 37.7% more than they did a year ago.
Summary: The median home sold price in 49670 was $639,500 in November 2024, up 37.7% from last year, and the median price per square foot was $447.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $270K | -30.8% |
| 2 Bedrooms | $267K | $525K | +96.6% |
| 3 Bedrooms | $1.1M | $960K | -19.9% |
| 4 Bedrooms | $1.1M | $650K | -43.5% |
| 5+ Bedrooms | $970K | $1.9M | +101.0% |
Summary: 49670 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.8%, 2 bedroom homes increased by 96.6%, 3 bedroom homes decreased by 19.9%, 4 bedroom homes decreased by 43.5%, and 5+ bedroom homes increased by 101%.
Median Sold Price Compared To Nearby Zip Codes
| 49670 | $464.5K | $639.5K | +37.7% |
| 49682 | $644K | $757K | +17.5% |
Housing Supply in 49670, MI
How many homes are available in 49670, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The 49670 real estate market had 7 homes for sale in November 2024, a 22.2% 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 | 0 | -100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 49670 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49670, 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 49670 in November 2024, down by 33.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49670, MI
How long does it take to sell a home in 49670, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 46 Days | +4.5% |
Summary: Homes in 49670 had an average of 46 days on market in Nov 2024, up by 4.5% compared to last year.
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 49670 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 49670; 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.
