$6,293 Closing Credit*
$529,900
1,440 SqFt
3 Beds
•2 Full Baths
Dewayne Kirkman, Listing Office: REO-TCRandolph-233022
Is 49676, 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, 49676 has remained a Seller's Market.
Key Takeaway
49676 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49676, MI
How much do homes in 49676, MI cost?
Median Sold Price
$418,750
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,750(+6.0%)
Key Takeaway
Homes in 49676 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 49676 was $418,750 in November 2024, up 6% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $332.5K | +12.7% |
| 2 Bedrooms | $395K | $292.5K | -25.9% |
| 3 Bedrooms | $325K | $345K | +6.2% |
| 4 Bedrooms | $720K | $723K | 0.4% |
| 5+ Bedrooms | $1.8M | $1.4M | -22.7% |
Summary: 49676 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes decreased by 25.9%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 22.7%.
Housing Supply in 49676, MI
How many homes are available in 49676, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Summary: The 49676 real estate market had 24 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 49676 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 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
6 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 49676, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 49676 in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49676, MI
How long does it take to sell a home in 49676, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 116 Days | 122 Days | +5.1% |
Summary: Homes in 49676 had an average of 122 days on market in Nov 2024, up by 5.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 49676 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 6 homes were sold in 49676; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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