$4,689 Closing Credit*
$394,900
1,664 SqFt
3 Beds
•2 Full Baths
Jamie Kurth, Listing Office: smith realty GROUP
Is 49730, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 49730 was a Neutral Market.
Key Takeaway
49730 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49730, MI
How much do homes in 49730, MI cost?
Median Sold Price
$249,900
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,900(+2.0%)
Key Takeaway
Homes in 49730 have sold for 2% more than they did a year ago.
Summary: The median home sold price in 49730 was $249,900 in October 2024, up 2% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $251K | $236.5K | -5.8% |
| 3 Bedrooms | $235K | $249.9K | +6.3% |
| 4 Bedrooms | $255K | $208.2K | -18.3% |
| 5+ Bedrooms | $495K | $807.5K | +63.1% |
Summary: 49730 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes increased by 63.1%.
Housing Supply in 49730, MI
How many homes are available in 49730, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The 49730 real estate market had 21 homes for sale in October 2024, a 10.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49730 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 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 49730, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 49730 in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 49730, MI
How long does it take to sell a home in 49730, MI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49730 has remained consistent over time.
Summary: During October 2024, 6 homes were sold in 49730; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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