$10,000 Closing Credit*
$1,295,000
3,452 SqFt
5 Beds
•3 Full Baths
John Russell, Listing Office: Kidd & Leavy Real Estate Co. LLC
Is 49770, 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, 49770 was a Seller's Market.
Key Takeaway
49770 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 49770, MI
How much do homes in 49770, MI cost?
Median Sold Price
$438,750
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,800(+4.0%)
Key Takeaway
Homes in 49770 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 49770 was $438,750 in November 2024, up 4% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $279.9K | $247K | -11.8% |
| 2 Bedrooms | $285K | $314.9K | +10.5% |
| 3 Bedrooms | $401K | $397.5K | -0.9% |
| 4 Bedrooms | $627.5K | $625.8K | -0.3% |
| 5+ Bedrooms | $1.7M | $1.1M | -34.9% |
Summary: 49770 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 34.9%.
Housing Supply in 49770, MI
How many homes are available in 49770, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 123 | 111 | -9.8% |
Summary: The 49770 real estate market had 111 homes for sale in November 2024, a 9.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 11 | 16 | +45.5% |
| 3 Bedrooms | 42 | 35 | -16.7% |
| 4 Bedrooms | 26 | 23 | -11.5% |
| 5+ Bedrooms | 40 | 32 | -20.0% |
Summary: The 49770 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 45.5%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 17 | -37.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49770, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 49770 in November 2024, down by 37.0% month-over-month. Of the 17 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for 49770, MI
We’re sorry, we don't have information for this market at the moment
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