$3,503 Closing Credit*
$295,000
1,620 SqFt
3 Beds
•2 Full Baths
Kristy Larson of Onaway, Listing Office: EXP Realty, LLC
Is 49709, 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, 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
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+10.7%)
Key Takeaway
Homes in 49709 have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in 49709 was $155,000 in November 2024, up 10.7% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $54K | $86K | +59.3% |
| 2 Bedrooms | $122K | $115K | -5.7% |
| 3 Bedrooms | $147.5K | $175K | +18.6% |
| 4 Bedrooms | $365K | $210K | -42.5% |
| 5+ Bedrooms | $204K | $700K | +243.1% |
Summary: 49709 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.3%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 18.6%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 28 | -15.2% |
Summary: The 49709 real estate market had 28 homes for sale in November 2024, a 15.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 20 | 17 | -15.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49709 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 10%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49709, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 49709 in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% 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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