$1,721 Closing Credit*
$144,900
1,785 SqFt
4 Beds
•2 Full Baths
#50157652, FRAN SEVEGNEY, Listing Office: RE/MAX 1ST REALTY
Is 49879, 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, 49879 has remained a Seller's Market.
Key Takeaway
49879 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49879, MI
How much do homes in 49879, MI cost?
Median Sold Price
$299,950
$201/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$178,950(+147.9%)
Key Takeaway
Homes in 49879 have sold for 147.9% more than they did a month ago.
Summary: The median home sold price in 49879 was $299,950 in October 2024, up 147.9% from last month, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $95K | $235K | +147.4% |
| 3 Bedrooms | $147K | - | N/A |
| 4 Bedrooms | - | $364.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49879 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 147.4%, 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
| 49920 | $97.5K | $285K | +192.3% |
| 49879 | $121K | $299.9K | +147.9% |
Housing Supply in 49879, MI
How many homes are available in 49879, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The 49879 real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49879 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 decreased by 20%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49879, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 49879 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 49879, MI
How long does it take to sell a home in 49879, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 195 Days | +427.0% |
Summary: Homes in 49879 had an average of 195 days on market in Oct 2024, up by 427% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49879 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 49879; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.