$2,374 Closing Credit*
$199,900
4,418 SqFt
6 Beds
•3 Full Baths
#50161050, JENNIFER DEEPHOUSE, Listing Office: STATE WIDE OF HOUGHTON
Is 49913, 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, 49913 has remained a Seller's Market.
Key Takeaway
49913 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49913, MI
How much do homes in 49913, MI cost?
Median Sold Price
$159,200
$70/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$20,700(+14.9%)
Key Takeaway
Homes in 49913 have sold for 14.9% more than they did a month ago.
Summary: The median home sold price in 49913 was $159,200 in October 2024, up 14.9% from last month, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69K | $193.5K | +180.4% |
| 2 Bedrooms | $210K | - | N/A |
| 3 Bedrooms | $200K | $93K | -53.5% |
| 4 Bedrooms | $82.5K | $104.8K | +27.1% |
| 5+ Bedrooms | - | $250K | N/A |
Summary: 49913 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 180.4%, 2 bedroom homes did not change, 3 bedroom homes decreased by 53.5%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes did not change.
Housing Supply in 49913, MI
How many homes are available in 49913, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 50 | 0.0% |
Summary: The 49913 real estate market had 50 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 49913 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 33.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49913, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 49913 in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.
Days on Market for 49913, MI
How long does it take to sell a home in 49913, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 70 Days | +65.7% |
Summary: Homes in 49913 had an average of 70 days on market in Oct 2024, up by 65.7% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 49913 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 49913; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% 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.