Is 49034, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 49034 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 49034 has remained a Seller's Market.

Key Takeaway

49034 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 49034, MI

How much do homes in 49034, MI cost?

Median Sold Price

$233,000

$205/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$102,000(-30.4%)

Key Takeaway

Homes in 49034 have sold for 30.4% less than they did a month ago.

Summary: The median home sold price in 49034 was $233,000 in April 2024, down 30.4% from last month, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $335K$233K
-30.4%
4 --
N/A
5+ --
N/A

Summary: 49034 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 49034, MI

How many homes are available in 49034, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
35+66.7%

Summary: The 49034 real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 24
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 49034 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

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 49034, 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 49034 in April 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 49034, MI

How long does it take to sell a home in 49034, MI?

Average Sale Time

Mar 2024Apr 2024CHANGE
4 Days2 Days-50.0%

Summary: Homes in 49034 had an average of 2 days on market in Apr 2024, down by 50% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 49034 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 49034; 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.

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

Report Updated 6 Days Ago

Newest Listings in 49034, MI

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