$149,900
37.54 Acres
Land
Hannah Techel, Listing Office: The TEAM Real Estate Group
Is 49795, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 49795 has remained a Neutral Market.
Key Takeaway
49795 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 49795, MI
How much do homes in 49795, MI cost?
Median Sold Price
$192,500
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,550(+3.5%)
Key Takeaway
Homes in 49795 have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in 49795 was $192,500 in October 2024, up 3.5% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.2K | $132K | -28.4% |
| 2 Bedrooms | $148K | $183.6K | +24.1% |
| 3 Bedrooms | $195K | $229K | +17.4% |
| 4 Bedrooms | $268K | $332.2K | +24.0% |
| 5+ Bedrooms | $172.5K | - | N/A |
Summary: 49795 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.4%, 2 bedroom homes increased by 24.1%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 24%, and 5+ bedroom homes did not change.
Housing Supply in 49795, MI
How many homes are available in 49795, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Summary: The 49795 real estate market had 12 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49795 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49795, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 49795 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49795, MI
We’re sorry, we don't have information for this market at the moment
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