$3,205 Closing Credit*
$269,900
Cheryl A Schlehuber, Listing Office: Mackinac Properties, Inc
Is 49755, 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, 49755 was a Buyer's Market.
Key Takeaway
49755 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49755, MI
How much do homes in 49755, MI cost?
Median Sold Price
$290,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,000(+5.1%)
Key Takeaway
Homes in 49755 have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in 49755 was $290,000 in November 2024, up 5.1% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $422.4K | N/A |
| 2 Bedrooms | $315K | $370K | +17.5% |
| 3 Bedrooms | $185K | $290K | +56.8% |
| 4 Bedrooms | $336K | $85K | -74.7% |
| 5+ Bedrooms | - | $456.2K | N/A |
Summary: 49755 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 increased by 17.5%, 3 bedroom homes increased by 56.8%, 4 bedroom homes decreased by 74.7%, and 5+ bedroom homes did not change.
Housing Supply in 49755, MI
How many homes are available in 49755, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The 49755 real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 49755 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 increased by 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 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 49755, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 49755 in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 49755, MI
We’re sorry, we don't have information for this market at the moment
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