Is 49733, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 49733 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 49733 was a Buyer's Market.

Key Takeaway

49733 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 49733, MI

How much do homes in 49733, MI cost?

Median Sold Price

$220,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$15,000(-6.4%)

Key Takeaway

Homes in 49733 have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in 49733 was $220,000 in November 2024, down 6.4% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $225K$169.5K
-24.7%
3 $235K$208.5K
-11.3%
4 $241.5K$382.5K
+58.4%
5+ $495K-
N/A

Summary: 49733 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.7%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 58.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

49738
+10.6%
49735
+5.9%
49659
+4.2%
49646
+1.1%
49733
-6.4%

Housing Supply in 49733, MI

How many homes are available in 49733, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
89+12.5%

Summary: The 49733 real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 56
+20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 49733 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 49733, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 49733 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 49733, 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 15 Days Ago

Newest Listings in 49733, MI

Nearby Markets to 49733, MI