Is 49660, 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, 49660 was a Seller's Market.
Housing Prices in 49660, MI
How much do homes in 49660, MI cost?
Median Sold Price
$228,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 49660 was $228,000 in April 2024, up 8.1% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84.2K | $140.1K | +66.4% |
2 Bedrooms | $192.9K | $222.7K | +15.4% |
3 Bedrooms | $207.5K | $219K | +5.5% |
4 Bedrooms | $230K | $241.5K | +5.0% |
5+ Bedrooms | $299K | $480K | +60.5% |
Summary: 49660 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.4%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 60.5%.
Median Sold Price Compared To Nearby Zip Codes
49411 | $215K | $288K | +34.0% |
49660 | $210.8K | $228K | +8.1% |
Housing Supply in 49660, MI
How many homes are available in 49660, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 71 | +26.8% |
Summary: The 49660 real estate market had 71 homes for sale in April 2024, a 26.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 12 | 17 | +41.7% |
3 Bedrooms | 24 | 31 | +29.2% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 49660 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 41.7%, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 49660 in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 49660, MI
How long does it take to sell a home in 49660, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 88 Days | +105.6% |
Summary: Homes in 49660 had an average of 88 days on market in Apr 2024, up by 105.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 49660; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.