Is 49967, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 49967 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 49967 was a Seller's Market.

Key Takeaway

49967 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 49967, MI

How much do homes in 49967, MI cost?

Median Sold Price

$49,900

$75/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$81,100(-61.9%)

Key Takeaway

Homes in 49967 have sold for 61.9% less than they did a month ago.

Summary: The median home sold price in 49967 was $49,900 in September 2024, down 61.9% from last month, and the median price per square foot was $75.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $131K$49.9K
-61.9%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: 49967 housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 61.9%, 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

49935
-12.6%
49967
-61.9%

Housing Supply in 49967, MI

How many homes are available in 49967, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
76-14.3%

Summary: The 49967 real estate market had 6 homes for sale in September 2024, a 14.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 33
0.0%
2 31
-66.7%
3 01
+100.0%
4 00
0.0%
5+ 11
0.0%

Summary: The 49967 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
21-50.0%

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 49967, 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 49967 in September 2024, down by 50.0% 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 49967, MI

How long does it take to sell a home in 49967, MI?

Average Sale Time

Aug 2024Sep 2024CHANGE
1 Days60 Days+3900.0%

Summary: Homes in 49967 had an average of 60 days on market in Sep 2024, up by 3900% 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 49967 has remained consistent over time.

Summary: During September 2024, 1 homes were sold in 49967; 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 17 Days Ago

Newest Listings in 49967, MI

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