Is 49682, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 49682 was a Buyer's Market.
Key Takeaway
49682 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49682, MI
How much do homes in 49682, MI cost?
Median Sold Price
$865,000
$353/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 49682 have sold for 2.7% more than they did a month ago.
Summary: The median home sold price in 49682 was $865,000 in April 2024, up 2.7% from last month, and the median price per square foot was $353.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $842K | - | N/A |
| 3 Bedrooms | - | $865K | N/A |
| 4 Bedrooms | - | $822.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 49682 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49653 | $1.0M | $2.3M | +112.4% |
| 49684 | $422.5K | $454K | +7.5% |
| 49682 | $842K | $865K | +2.7% |
| 49670 | $825K | $500K | -39.4% |
Housing Supply in 49682, MI
How many homes are available in 49682, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The 49682 real estate market had 16 homes for sale in April 2024, a 23.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 49682 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 decreased by 33.3%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49682, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 49682 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 49682, MI
How long does it take to sell a home in 49682, MI?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 32 Days | +30.7% |
Summary: Homes in 49682 had an average of 32 days on market in Apr 2024, up by 30.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 49682 has remained consistent over time.
Summary: During April 2024, 3 homes were sold in 49682; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
