$5,343 Closing Credit*
$449,900
2,192 SqFt
3 Beds
•2 Full Baths, 1 Partial
#50163382, CHRISTOPHER GESTWICKI, Listing Office: STATE WIDE REAL ESTATE OF ESCANABA
Is 49837, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 49837 has remained a Seller's Market.
Key Takeaway
49837 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49837, MI
How much do homes in 49837, MI cost?
Median Sold Price
$160,000
$132/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$15,250(-8.7%)
Key Takeaway
Homes in 49837 have sold for 8.7% less than they did a month ago.
Summary: The median home sold price in 49837 was $160,000 in November 2024, down 8.7% from last month, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $152.4K | $180K | +18.1% |
| 3 Bedrooms | $172.5K | $149K | -13.6% |
| 4 Bedrooms | $192.5K | $177K | -8.1% |
| 5+ Bedrooms | - | $550K | N/A |
Summary: 49837 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 increased by 18.1%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes did not change.
Housing Supply in 49837, MI
How many homes are available in 49837, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 31 | -11.4% |
Summary: The 49837 real estate market had 31 homes for sale in November 2024, a 11.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 18 | 14 | -22.2% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 49837 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 12.5%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49837, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in 49837 in November 2024, up by 37.5% month-over-month. Of the 11 sold homes, 27% were sold under asking, 36% were sold at asking, and 36% were sold over asking.
Days on Market for 49837, MI
How long does it take to sell a home in 49837, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 17 Days | -36.2% |
Summary: Homes in 49837 had an average of 17 days on market in Nov 2024, down by 36.2% compared to last month.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49837 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 49837; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.