$3,086 Closing Credit*
$259,900
2,000 SqFt
1 Bed
•1 Bath
Weston Buchan, Listing Office: REO-TCRandolph-233022
Is 49683, 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, 49683 has remained a Seller's Market.
Key Takeaway
49683 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49683, MI
How much do homes in 49683, MI cost?
Median Sold Price
$327,750
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$100,250(+44.1%)
Key Takeaway
Homes in 49683 have sold for 44.1% more than they did a year ago.
Summary: The median home sold price in 49683 was $327,750 in November 2024, up 44.1% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $122.2K | -43.1% |
| 2 Bedrooms | $247K | $280.2K | +13.5% |
| 3 Bedrooms | $205K | $298.5K | +45.6% |
| 4 Bedrooms | $775K | $560K | -27.7% |
| 5+ Bedrooms | $515K | $890K | +72.8% |
Summary: 49683 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.1%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 45.6%, 4 bedroom homes decreased by 27.7%, and 5+ bedroom homes increased by 72.8%.
Housing Supply in 49683, MI
How many homes are available in 49683, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 27 | -15.6% |
Summary: The 49683 real estate market had 27 homes for sale in November 2024, a 15.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 49683 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49683, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 49683 in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 49683, MI
How long does it take to sell a home in 49683, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 63 Days | -15.6% |
Summary: Homes in 49683 had an average of 63 days on market in Nov 2024, down by 15.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49683 has remained consistent over time.
Summary: During November 2024, 8 homes were sold in 49683; 0% of homes were sold within 30 days, 88% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
