Is 49328, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 49328 was a Buyer's Market.
Housing Prices in 49328, MI
How much do homes in 49328, MI cost?
Median Sold Price
$281,450
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 49328 was $281,450 in February 2024, up 12.6% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | - | N/A |
2 Bedrooms | $250K | $296.4K | +18.6% |
3 Bedrooms | $235K | $242.4K | +3.2% |
4 Bedrooms | $476.5K | $300K | -37.0% |
5+ Bedrooms | $385K | $325K | -15.6% |
Summary: 49328 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 37%, and 5+ bedroom homes decreased by 15.6%.
Median Sold Price Compared To Nearby Zip Codes
49328 | $250K | $281.4K | +12.6% |
49348 | $280K | $313.5K | +12.0% |
49323 | $310K | $338.7K | +9.3% |
Housing Supply in 49328, MI
How many homes are available in 49328, MI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Summary: The 49328 real estate market had 4 homes for sale in February 2024, a 33.3% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 4 | 2 | -50.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 49328 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 49328 in February 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 49328, MI
How long does it take to sell a home in 49328, 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 February 2024, 1 homes were sold in 49328; 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.