$2,244 Closing Credit*
$189,000
1,611 SqFt
4 Beds
•2 Full Baths
#50163290, STACEY MASTERS, Listing Office: RE/MAX SUPERIORLAND
Is 49862, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 49862 was a Buyer's Market.
Key Takeaway
49862 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49862, MI
How much do homes in 49862, MI cost?
Median Sold Price
$288,500
$174/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$71,000(+32.6%)
Key Takeaway
Homes in 49862 have sold for 32.6% more than they did a month ago.
Summary: The median home sold price in 49862 was $288,500 in November 2024, up 32.6% from last month, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $380K | N/A |
| 2 Bedrooms | - | $615K | N/A |
| 3 Bedrooms | $160K | $175.9K | +10.0% |
| 4 Bedrooms | $275K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49862 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 did not change, 3 bedroom homes increased by 10%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 49862, MI
How many homes are available in 49862, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The 49862 real estate market had 18 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 49862 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49862, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 49862 in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 49862, MI
How long does it take to sell a home in 49862, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 13 Days | -76.1% |
Summary: Homes in 49862 had an average of 13 days on market in Nov 2024, down by 76.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49862 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 49862; 75% of homes were sold within 30 days, 25% 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.