Is 49644, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 49644 was a Neutral Market.
Housing Prices in 49644, MI
How much do homes in 49644, MI cost?
Median Sold Price
$174,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 49644 was $174,000 in April 2024, up 3.9% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137.5K | $80K | -41.8% |
2 Bedrooms | $119.9K | $165K | +37.6% |
3 Bedrooms | $225K | $238K | +5.8% |
4 Bedrooms | $412K | $365K | -11.4% |
5+ Bedrooms | $219.5K | $406.5K | +85.2% |
Summary: 49644 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.8%, 2 bedroom homes increased by 37.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes increased by 85.2%.
Housing Supply in 49644, MI
How many homes are available in 49644, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 26 | +8.3% |
Summary: The 49644 real estate market had 26 homes for sale in April 2024, a 8.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 49644 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 increased by 30%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 49644 in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for 49644, MI
How long does it take to sell a home in 49644, MI?
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 49644; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.