Is 49026, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 49026 was a Seller's Market.
Housing Prices in 49026, MI
How much do homes in 49026, MI cost?
Median Sold Price
$199,950
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 49026 was $199,950 in March 2024, up 39.8% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $123.4K | $240K | +94.4% |
3 Bedrooms | $149.9K | $192.4K | +28.4% |
4 Bedrooms | $155K | $165K | +6.5% |
5+ Bedrooms | $405K | $330K | -18.5% |
Summary: 49026 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 94.4%, 3 bedroom homes increased by 28.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 18.5%.
Housing Supply in 49026, MI
How many homes are available in 49026, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Summary: The 49026 real estate market had 7 homes for sale in March 2024, a 30.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 4 | 1 | -75.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 49026 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 75%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 49026 in March 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 49026, MI
How long does it take to sell a home in 49026, MI?
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
Summary: During March 2024, 1 homes were sold in 49026; 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.