$34,000
Land
Terri A. Vizina, 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 November 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
$335,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,000(-6.9%)
Key Takeaway
Homes in 49749 have sold for 6.9% less than they did a year ago.
Summary: The median home sold price in 49749 was $335,000 in November 2024, down 6.9% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $165K | -54.2% |
| 2 Bedrooms | $332.5K | $175K | -47.4% |
| 3 Bedrooms | $391K | $332.2K | -15.0% |
| 4 Bedrooms | $339K | $749K | +120.9% |
| 5+ Bedrooms | $668K | $390K | -41.6% |
Summary: 49749 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.2%, 2 bedroom homes decreased by 47.4%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 120.9%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 32 | -13.5% |
Summary: The 49749 real estate market had 32 homes for sale in November 2024, a 13.5% 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49749 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 16.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49749, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 49749 in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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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The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information 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 about said listings includes the listing office information. 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 NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2024 NM-MLS. All rights reserved
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.