Is 49776, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 49776 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 49776 has remained a Seller's Market.

Key Takeaway

49776 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 49776, MI

How much do homes in 49776, MI cost?

Median Sold Price

$167,500

$123/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$17,600(+11.7%)

Key Takeaway

Homes in 49776 have sold for 11.7% more than they did a month ago.

Summary: The median home sold price in 49776 was $167,500 in November 2024, up 11.7% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$167.5K
N/A
3 $149.9K-
N/A
4 --
N/A
5+ --
N/A

Summary: 49776 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

49776
+11.7%
49753
0.3%

Housing Supply in 49776, MI

How many homes are available in 49776, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
43-25.0%

Summary: The 49776 real estate market had 3 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 10
-100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 49776 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 49776, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 49776 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 49776, MI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in 49776, MI

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