$3,741 Closing Credit*
$315,000
2,355 SqFt
4 Beds
•1 Full Bath, 1 Partial
Missy Koszegi, Listing Office: COLDWELL BANKER SCHMIDT CHEBOYGAN
Is 49721, 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, 49721 has remained a Seller's Market.
Key Takeaway
49721 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49721, MI
How much do homes in 49721, MI cost?
Median Sold Price
$225,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,500(+22.0%)
Key Takeaway
Homes in 49721 have sold for 22% more than they did a year ago.
Summary: The median home sold price in 49721 was $225,000 in November 2024, up 22% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $228.7K | $210K | -8.2% |
| 2 Bedrooms | $165K | $205K | +24.2% |
| 3 Bedrooms | $171K | $220K | +28.7% |
| 4 Bedrooms | $272K | $320K | +17.6% |
| 5+ Bedrooms | $330K | $301.9K | -8.5% |
Summary: 49721 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes increased by 24.2%, 3 bedroom homes increased by 28.7%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Zip Codes
| 49721 | $184.5K | $225K | +22.0% |
| 49749 | $360K | $335K | -6.9% |
Housing Supply in 49721, MI
How many homes are available in 49721, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 | 86 | -2.3% |
Summary: The 49721 real estate market had 86 homes for sale in November 2024, a 2.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 40 | 42 | +5.0% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 49721 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49721, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 49721 in November 2024, the same as the previous month. Of the 18 sold homes, 72% were sold under asking, 11% were sold at asking, and 17% were sold over asking.
Days on Market for 49721, MI
How long does it take to sell a home in 49721, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 150 Days | +782.4% |
Summary: Homes in 49721 had an average of 150 days on market in Nov 2024, up by 782.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 49721 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 18 homes were sold in 49721; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
© 2024 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.