Is 49713, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 49713 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 49713 was a Seller's Market.

Key Takeaway

49713 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 49713, MI

How much do homes in 49713, MI cost?

Median Sold Price

$392,500

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$142,500(+57.0%)

Key Takeaway

Homes in 49713 have sold for 57% more than they did a year ago.

Summary: The median home sold price in 49713 was $392,500 in October 2024, up 57% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K$131.1K
-12.6%
2 $237.5K$217.5K
-8.4%
3 $320K$407.5K
+27.3%
4 $250K$485K
+94.0%
5+ $817.4K$1.4M
+73.6%

Summary: 49713 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 94%, and 5+ bedroom homes increased by 73.6%.

Median Sold Price Compared To Nearby Zip Codes

49713
+57.0%
49712
+8.8%
49770
+4.4%
49730
+2.0%

Housing Supply in 49713, MI

How many homes are available in 49713, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1724+41.2%

Summary: The 49713 real estate market had 24 homes for sale in October 2024, a 41.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 48
+100.0%
3 89
+12.5%
4 23
+50.0%
5+ 33
0.0%

Summary: The 49713 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 49713, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 49713 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 49713, MI

Nearby Markets to 49713, MI