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

$75,000

$90/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$7,500(+11.1%)

Key Takeaway

Homes in 49915 have sold for 11.1% more than they did a month ago.

Summary: The median home sold price in 49915 was $75,000 in December 2024, up 11.1% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $128.5K$75K
-41.6%
3 $51.2K-
N/A
4 --
N/A
5+ --
N/A

Summary: 49915 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.6%, 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

49915
+11.1%
49935
+2.7%

Housing Supply in 49915, MI

How many homes are available in 49915, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
53-40.0%

Summary: The 49915 real estate market had 3 homes for sale in December 2024, a 40.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The 49915 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
31-66.7%

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 December 2024, down by 66.7% month-over-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

Nov 2024Dec 2024CHANGE
32 Days45 Days+40.6%

Summary: Homes in 49915 had an average of 45 days on market in Dec 2024, up by 40.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 49915 has remained consistent over time.

Summary: During December 2024, 1 homes were sold in 49915; 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.

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

Report Updated 4 Days Ago

Newest Listings in 49915, MI

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