$14,900
1.04 Acres
Land
Katie Taylor, Listing Office: Lakeshore Realty
Is 49777, 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, 49777 was a Seller's Market.
Key Takeaway
49777 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49777, MI
How much do homes in 49777, MI cost?
Median Sold Price
$249,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,100(+3.8%)
Key Takeaway
Homes in 49777 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 49777 was $249,000 in November 2024, up 3.8% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205.5K | $235K | +14.4% |
| 3 Bedrooms | $267.5K | $245K | -8.4% |
| 4 Bedrooms | $490K | $500K | +2.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: 49777 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 14.4%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes did not change.
Housing Supply in 49777, MI
How many homes are available in 49777, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Summary: The 49777 real estate market had 12 homes for sale in November 2024, a 20.0% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49777 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 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49777, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 49777 in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49777, MI
We’re sorry, we don't have information for this market at the moment
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