$3,194 Closing Credit*
$269,000
696 SqFt
2 Beds
•1 Full Bath
Christopher L Paffi, Listing Office: smith realty GROUP
Is 49751, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 49751 was a Seller's Market.
Key Takeaway
49751 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49751, MI
How much do homes in 49751, MI cost?
Median Sold Price
$220,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,100(+10.1%)
Key Takeaway
Homes in 49751 have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in 49751 was $220,000 in November 2024, up 10.1% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124.9K | $98.5K | -21.2% |
| 2 Bedrooms | $172.2K | $212.5K | +23.4% |
| 3 Bedrooms | $238.5K | $251K | +5.2% |
| 4 Bedrooms | $307.4K | $326.5K | +6.2% |
| 5+ Bedrooms | $150K | $220K | +46.7% |
Summary: 49751 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.2%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 46.7%.
Housing Supply in 49751, MI
How many homes are available in 49751, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Summary: The 49751 real estate market had 13 homes for sale in November 2024, a 18.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 49751 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 decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49751, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 49751 in November 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 49751, MI
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49751 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 49751; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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