$9,000
1.67 Acres
Land
Arla J Gilbert, Listing Office: Eagle North Real Estate Inc.
Is 49765, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 49765 was a Neutral Market.
Key Takeaway
49765 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49765, MI
How much do homes in 49765, MI cost?
Median Sold Price
$169,512
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$46,988(-21.7%)
Key Takeaway
Homes in 49765 have sold for 21.7% less than they did a year ago.
Summary: The median home sold price in 49765 was $169,512 in October 2024, down 21.7% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $235K | N/A |
| 2 Bedrooms | $275K | $195K | -29.1% |
| 3 Bedrooms | $245.5K | $155K | -36.9% |
| 4 Bedrooms | $147K | $160.5K | +9.2% |
| 5+ Bedrooms | - | $80K | N/A |
Summary: 49765 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.1%, 3 bedroom homes decreased by 36.9%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes did not change.
Housing Supply in 49765, MI
How many homes are available in 49765, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The 49765 real estate market had 15 homes for sale in October 2024, a 16.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 49765 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 25%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49765, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 49765 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 49765, MI
We’re sorry, we don't have information for this market at the moment
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