$4,725 Closing Credit*
$397,900
1,560 SqFt
3 Beds
•2 Full Baths
Craig R. Wilson, Listing Office: Coldwell Banker Fairbairn Realty
Is 49706, 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, 49706 has remained a Seller's Market.
Key Takeaway
49706 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49706, MI
How much do homes in 49706, MI cost?
Median Sold Price
$322,750
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,000(-0.3%)
Key Takeaway
The sold price of homes in 49706 has remained the same since last year.
Summary: The median home sold price in 49706 was $322,750 in November 2024, down 0.3% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $77K | N/A |
| 2 Bedrooms | $246K | $241K | -2.0% |
| 3 Bedrooms | $322.5K | $305K | -5.4% |
| 4 Bedrooms | $616.5K | $456K | -26.0% |
| 5+ Bedrooms | $570K | $1.0M | +84.1% |
Summary: 49706 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 26%, and 5+ bedroom homes increased by 84.1%.
Median Sold Price Compared To Nearby Zip Codes
| 49770 | $421.9K | $438.7K | +4.0% |
| 49706 | $323.7K | $322.7K | -0.3% |
Housing Supply in 49706, MI
How many homes are available in 49706, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 29 | -9.4% |
Summary: The 49706 real estate market had 29 homes for sale in November 2024, a 9.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 49706 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49706, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 49706 in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 49706, MI
We’re sorry, we don't have information for this market at the moment
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