$416 Closing Credit*
$35,000
840 SqFt
1 Bed
•1 Full Bath
#50161626, JORDYN LEONARDUZZI, Listing Office: RE/MAX NORTH COUNTRY
Is 49935, 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, 49935 was a Neutral Market.
Key Takeaway
49935 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49935, MI
How much do homes in 49935, MI cost?
Median Sold Price
$84,800
$73/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$32,700(-27.8%)
Key Takeaway
Homes in 49935 have sold for 27.8% less than they did a month ago.
Summary: The median home sold price in 49935 was $84,800 in October 2024, down 27.8% from last month, and the median price per square foot was $73.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $48K | N/A |
| 2 Bedrooms | $59.9K | $67K | +11.9% |
| 3 Bedrooms | $193.7K | $136.2K | -29.7% |
| 4 Bedrooms | - | $568.2K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49935 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 increased by 11.9%, 3 bedroom homes decreased by 29.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49915 | $38K | $79.9K | +110.3% |
| 49935 | $117.5K | $84.8K | -27.8% |
| 49927 | $490K | $22K | -95.5% |
Housing Supply in 49935, MI
How many homes are available in 49935, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 46 | +2.2% |
Summary: The 49935 real estate market had 46 homes for sale in October 2024, a 2.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 20 | 20 | 0.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 49935 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 remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 13 | +85.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49935, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 49935 in October 2024, up by 85.7% month-over-month. Of the 13 sold homes, 77% were sold under asking, 0% were sold at asking, and 23% were sold over asking.
Days on Market for 49935, MI
How long does it take to sell a home in 49935, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 32 Days | -18.5% |
Summary: Homes in 49935 had an average of 32 days on market in Oct 2024, down by 18.5% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49935 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 49935; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% 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.