$7,481 Closing Credit*
$630,000
2,786 SqFt
4 Beds
•2 Full Baths, 1 Partial
Leanne Deeren, Listing Office: REO-TCFront-233021
Is 49696, 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, 49696 was a Seller's Market.
Key Takeaway
49696 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 49696, MI
How much do homes in 49696, MI cost?
Median Sold Price
$658,415
$246/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$190,915(+40.8%)
Key Takeaway
Homes in 49696 have sold for 40.8% more than they did a month ago.
Summary: The median home sold price in 49696 was $658,415 in October 2024, up 40.8% from last month, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $507.5K | - | N/A |
| 3 Bedrooms | $385K | $235.2K | -38.9% |
| 4 Bedrooms | $455K | $560K | +23.1% |
| 5+ Bedrooms | $585K | $835K | +42.7% |
Summary: 49696 housing prices by bedroom type for October 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 decreased by 38.9%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 42.7%.
Median Sold Price Compared To Nearby Zip Codes
| 49696 | $467.5K | $658.4K | +40.8% |
| 49649 | $266.7K | $309.9K | +16.2% |
Housing Supply in 49696, MI
How many homes are available in 49696, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 63 | 67 | +6.3% |
Summary: The 49696 real estate market had 67 homes for sale in October 2024, a 6.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 22 | 28 | +27.3% |
| 4 Bedrooms | 24 | 25 | +4.2% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 49696 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49696, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 49696 in October 2024, down by 21.4% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 49696, MI
How long does it take to sell a home in 49696, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 65 Days | +45.4% |
Summary: Homes in 49696 had an average of 65 days on market in Oct 2024, up by 45.4% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49696 has remained consistent over time.
Summary: During October 2024, 11 homes were sold in 49696; 27% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.