$653 Closing Credit*
$55,000
1,503 SqFt
2 Beds
•1 Full Bath
Diane L Ives, Listing Office: United Country Great Lakes Realty & Auction
Is 49709, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 49709 has remained a Seller's Market.
Key Takeaway
49709 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49709, MI
How much do homes in 49709, MI cost?
Median Sold Price
$155,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+14.8%)
Key Takeaway
Homes in 49709 have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in 49709 was $155,000 in October 2024, up 14.8% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $54K | $86K | +59.3% |
| 2 Bedrooms | $120K | $155K | +29.2% |
| 3 Bedrooms | $160K | $165K | +3.1% |
| 4 Bedrooms | $365K | $210K | -42.5% |
| 5+ Bedrooms | $204K | $700K | +243.1% |
Summary: 49709 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.3%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 42.5%, and 5+ bedroom homes increased by 243.1%.
Housing Supply in 49709, MI
How many homes are available in 49709, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 38 | -2.6% |
Summary: The 49709 real estate market had 38 homes for sale in October 2024, a 2.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 49709 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
6 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 49709, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 49709 in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for 49709, MI
We’re sorry, we don't have information for this market at the moment
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