$4,323 Closing Credit*
$364,000
900 SqFt
3 Beds
•1 Full Bath
Anthony Moreno, Listing Office: Berkley Realty Group LLC
Is 49777, 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, 49777 was a Buyer's Market.
Key Takeaway
49777 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49777, MI
How much do homes in 49777, MI cost?
Median Sold Price
$248,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$19,500(-7.3%)
Key Takeaway
Homes in 49777 have sold for 7.3% less than they did a year ago.
Summary: The median home sold price in 49777 was $248,000 in October 2024, down 7.3% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 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 | $303K | - | N/A |
Summary: 49777 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 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The 49777 real estate market had 17 homes for sale in October 2024, a 13.3% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49777 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 increased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 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 49777, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 49777 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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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