$125,000
1.67 Acres
Land
Billy Andrew, Listing Office: COLDWELL BANKER SCHMIDT INDIAN RIVER
Is 49749, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 49749 has remained a Seller's Market.
Key Takeaway
49749 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49749, MI
How much do homes in 49749, MI cost?
Median Sold Price
$362,500
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,500(+7.2%)
Key Takeaway
Homes in 49749 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 49749 was $362,500 in October 2024, up 7.2% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $184.5K | -48.8% |
| 2 Bedrooms | $270K | $166.5K | -38.3% |
| 3 Bedrooms | $337K | $335K | -0.6% |
| 4 Bedrooms | $339K | $671.5K | +98.1% |
| 5+ Bedrooms | $668K | $390K | -41.6% |
Summary: 49749 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.8%, 2 bedroom homes decreased by 38.3%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 98.1%, and 5+ bedroom homes decreased by 41.6%.
Housing Supply in 49749, MI
How many homes are available in 49749, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 44 | -8.3% |
Summary: The 49749 real estate market had 44 homes for sale in October 2024, a 8.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 25 | 22 | -12.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49749 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 12.5%, 3 bedroom homes decreased by 12%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49749, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 49749 in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for 49749, MI
We’re sorry, we don't have information for this market at the moment
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