$1,722 Closing Credit*
$145,000
830 SqFt
1 Bed
•1 Full Bath
Laurie Hodack, Listing Office: Coldwell Banker Schmidt - Boyne City
Is 49713, 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, 49713 has remained a Seller's Market.
Key Takeaway
49713 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49713, MI
How much do homes in 49713, MI cost?
Median Sold Price
$330,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+20.0%)
Key Takeaway
Homes in 49713 have sold for 20% more than they did a year ago.
Summary: The median home sold price in 49713 was $330,000 in November 2024, up 20% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $131.1K | +4.9% |
| 2 Bedrooms | $265K | $265K | 0.0% |
| 3 Bedrooms | $315K | $324K | +2.9% |
| 4 Bedrooms | $240K | $485K | +102.1% |
| 5+ Bedrooms | $735K | $1.4M | +93.0% |
Summary: 49713 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 102.1%, and 5+ bedroom homes increased by 93%.
Housing Supply in 49713, MI
How many homes are available in 49713, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Summary: The 49713 real estate market had 21 homes for sale in November 2024, a 4.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 49713 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 12.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49713, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 49713 in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 49713, MI
We’re sorry, we don't have information for this market at the moment
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