$4,738 Closing Credit*
$399,000
1,728 SqFt
4 Beds
•2 Full Baths
#50161566, CHRISTINA KING-CARON, Listing Office: UPWARDS REAL ESTATE
Is 49878, 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, 49878 was a Buyer's Market.
Key Takeaway
49878 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49878, MI
How much do homes in 49878, MI cost?
Median Sold Price
$260,000
$125/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$15,000(+6.1%)
Key Takeaway
Homes in 49878 have sold for 6.1% more than they did a month ago.
Summary: The median home sold price in 49878 was $260,000 in October 2024, up 6.1% from last month, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $341K | N/A |
| 2 Bedrooms | $245K | $183K | -25.3% |
| 3 Bedrooms | - | $199.5K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $370K | N/A |
Summary: 49878 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 decreased by 25.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49837 | $160K | $175.2K | +9.5% |
| 49878 | $245K | $260K | +6.1% |
Housing Supply in 49878, MI
How many homes are available in 49878, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Summary: The 49878 real estate market had 23 homes for sale in October 2024, a 21.1% 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 | 7 | 7 | 0.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 49878 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 remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 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 49878, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 49878 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for 49878, MI
How long does it take to sell a home in 49878, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 Days | 51 Days | -34.2% |
Summary: Homes in 49878 had an average of 51 days on market in Oct 2024, down by 34.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49878 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 49878; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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.