$2,244 Closing Credit*
$189,000
2,048 SqFt
4 Beds
•2 Full Baths
#50161649, HELENA LONGHINI, Listing Office: FIRST WEBER, INC
Is 49938, 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, 49938 has remained a Seller's Market.
Key Takeaway
49938 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49938, MI
How much do homes in 49938, MI cost?
Median Sold Price
$138,000
$129/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$44,550(+47.7%)
Key Takeaway
Homes in 49938 have sold for 47.7% more than they did a month ago.
Summary: The median home sold price in 49938 was $138,000 in October 2024, up 47.7% from last month, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | $213.2K | +166.6% |
| 3 Bedrooms | $139.9K | $137.4K | -1.8% |
| 4 Bedrooms | $200K | $172.3K | -13.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 49938 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 166.6%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49938 | $93.4K | $138K | +47.7% |
| 49911 | $131.4K | $91.5K | -30.4% |
| 49968 | $330K | $95K | -71.2% |
Housing Supply in 49938, MI
How many homes are available in 49938, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 42 | -2.3% |
Summary: The 49938 real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 49938 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49938, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 49938 in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 49938, MI
How long does it take to sell a home in 49938, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 40 Days | -7.4% |
Summary: Homes in 49938 had an average of 40 days on market in Oct 2024, down by 7.4% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49938 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 49938; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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. 
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.