$3,907 Closing Credit*
$329,000
2,054 SqFt
4 Beds
•2 Full Baths
#50163055, JEREMY ROWE, Listing Office: NORTHERN MICHIGAN LAND BROKERS - H
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
$134,750
$76/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$150(-0.1%)
Key Takeaway
The sold price of homes in 49913 has remained the same since last month.
Summary: The median home sold price in 49913 was $134,750 in November 2024, down 0.1% from last month, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $193.5K | - | N/A |
| 2 Bedrooms | - | $106.7K | N/A |
| 3 Bedrooms | $91.5K | $182.5K | +99.5% |
| 4 Bedrooms | $104.8K | $132.2K | +26.2% |
| 5+ Bedrooms | $250K | - | N/A |
Summary: 49913 housing prices by bedroom type for November 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 increased by 99.5%, 4 bedroom homes increased by 26.2%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 43 | -12.2% |
Summary: The 49913 real estate market had 43 homes for sale in November 2024, a 12.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The 49913 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49913, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 49913 in November 2024, down by 23.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 87 Days | +34.8% |
Summary: Homes in 49913 had an average of 87 days on market in Nov 2024, up by 34.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 49913 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 10 homes were sold in 49913; 30% of homes were sold within 30 days, 30% 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.