$6,531 Closing Credit*
$550,000
1,736 SqFt
4 Beds
•1 Full Bath, 1 Partial
Jennifer Verdi-Stieg, Listing Office: RiverTown Real Estate
Is 49908, 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, 49908 was a Buyer's Market.
Key Takeaway
49908 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49908, MI
How much do homes in 49908, MI cost?
Median Sold Price
$267,500
$125/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$17,600(+7.0%)
Key Takeaway
Homes in 49908 have sold for 7% more than they did a month ago.
Summary: The median home sold price in 49908 was $267,500 in September 2024, up 7% from last month, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $249.9K | $235K | -6.0% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $300K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49908 housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6%, 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
| 49908 | $249.9K | $267.5K | +7.0% |
| 49946 | $250K | $165K | -34.0% |
Housing Supply in 49908, MI
How many homes are available in 49908, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The 49908 real estate market had 10 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49908 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
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 49908, 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 49908 in September 2024, up by 100.0% month-over-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 49908, MI
How long does it take to sell a home in 49908, MI?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 Day | 32 Days | +3100.0% |
Summary: Homes in 49908 had an average of 32 days on market in Sep 2024, up by 3100% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49908 are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in 49908; 50% of homes were sold within 30 days, 50% 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.