$1,186 Closing Credit*
$99,900
1,020 SqFt
2 Beds
•1 Full Bath
#50160603, BRADLEY ARGALL, Listing Office: RE/MAX 1ST REALTY
Is 49866, 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, 49866 has remained a Seller's Market.
Key Takeaway
49866 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49866, MI
How much do homes in 49866, MI cost?
Median Sold Price
$218,000
$168/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$29,000(-11.7%)
Key Takeaway
Homes in 49866 have sold for 11.7% less than they did a month ago.
Summary: The median home sold price in 49866 was $218,000 in October 2024, down 11.7% from last month, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $132K | $201.5K | +52.7% |
| 3 Bedrooms | $275K | $197.9K | -28.0% |
| 4 Bedrooms | $258.7K | $285.5K | +10.3% |
| 5+ Bedrooms | $224K | $490K | +118.8% |
Summary: 49866 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 52.7%, 3 bedroom homes decreased by 28%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 118.8%.
Housing Supply in 49866, MI
How many homes are available in 49866, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 35 | +12.9% |
Summary: The 49866 real estate market had 35 homes for sale in October 2024, a 12.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 49866 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 16.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 12 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49866, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 49866 in October 2024, up by 100.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for 49866, MI
How long does it take to sell a home in 49866, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 10 Days | +6.6% |
Summary: Homes in 49866 had an average of 10 days on market in Oct 2024, up by 6.6% compared to last month.
Breakdown of Home Sale Times
11 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 49866 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 49866; 92% of homes were sold within 30 days, 8% 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.