$2,969 Closing Credit*
$250,000
1,321 SqFt
3 Beds
•1 Full Bath, 1 Partial
#50161784, JENNIFER COSCO, Listing Office: SELECT REALTY
Is 49849, 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, 49849 has remained a Seller's Market.
Key Takeaway
49849 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49849, MI
How much do homes in 49849, MI cost?
Median Sold Price
$159,000
$156/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$36,500(+29.8%)
Key Takeaway
Homes in 49849 have sold for 29.8% more than they did a month ago.
Summary: The median home sold price in 49849 was $159,000 in October 2024, up 29.8% from last month, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $167.5K | N/A |
| 2 Bedrooms | $20K | $142.5K | +612.5% |
| 3 Bedrooms | $192.5K | $173K | -10.1% |
| 4 Bedrooms | $80K | $90K | +12.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: 49849 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 612.5%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49879 | $121K | $299.9K | +147.9% |
| 49849 | $122.5K | $159K | +29.8% |
| 49855 | $322K | $320K | -0.6% |
| 49866 | $247K | $218K | -11.7% |
Housing Supply in 49849, MI
How many homes are available in 49849, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 44 | +7.3% |
Summary: The 49849 real estate market had 44 homes for sale in October 2024, a 7.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 23 | 22 | -4.3% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 49849 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 42.9%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49849, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 49849 in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for 49849, MI
How long does it take to sell a home in 49849, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 24 Days | +23.8% |
Summary: Homes in 49849 had an average of 24 days on market in Oct 2024, up by 23.8% compared to last month.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49849 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in 49849; 90% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% 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.