Is 49915, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 49915 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 49915 has remained a Seller's Market.

Key Takeaway

49915 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 49915, MI

How much do homes in 49915, MI cost?

Median Sold Price

$79,900

$58/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$41,900(+110.3%)

Key Takeaway

Homes in 49915 have sold for 110.3% more than they did a month ago.

Summary: The median home sold price in 49915 was $79,900 in October 2024, up 110.3% from last month, and the median price per square foot was $58.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $38K-
N/A
3 -$79.9K
N/A
4 --
N/A
5+ --
N/A

Summary: 49915 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

49915
+110.3%
49935
-27.8%
49927
-95.5%

Housing Supply in 49915, MI

How many homes are available in 49915, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The 49915 real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 49915 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 49915, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 49915 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 49915, MI

How long does it take to sell a home in 49915, MI?

Average Sale Time

Sep 2024Oct 2024CHANGE
55 Days2 Days-96.4%

Summary: Homes in 49915 had an average of 2 days on market in Oct 2024, down by 96.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 49915 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 49915; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in 49915, MI

Nearby Markets to 49915, MI