$4,749 Closing Credit*
$399,900
1,344 SqFt
2 Beds
•1 Full Bath
#50160079, THERESA HUNTER, Listing Office: SELECT REALTY
Is 49885, 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, 49885 has remained a Seller's Market.
Key Takeaway
49885 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49885, MI
How much do homes in 49885, MI cost?
Median Sold Price
$317,500
$230/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$61,840(+24.2%)
Key Takeaway
Homes in 49885 have sold for 24.2% more than they did a month ago.
Summary: The median home sold price in 49885 was $317,500 in October 2024, up 24.2% from last month, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240.7K | - | N/A |
| 3 Bedrooms | $270.6K | $265K | -2.1% |
| 4 Bedrooms | - | $370K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49885 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 did not change, 3 bedroom homes decreased by 2.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 49885, MI
How many homes are available in 49885, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The 49885 real estate market had 6 homes for sale in October 2024, a 14.3% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49885 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 decreased by 20%, 4 bedroom homes remained the same, 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
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49885, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 49885 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49885, MI
How long does it take to sell a home in 49885, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 79 Days | +22.5% |
Summary: Homes in 49885 had an average of 79 days on market in Oct 2024, up by 22.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49885 has remained consistent over time.
Summary: During October 2024, 2 homes were sold in 49885; 0% of homes were sold within 30 days, 100% 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.