Is 49709, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 49709 has remained a Seller's Market.
Housing Prices in 49709, MI
How much do homes in 49709, MI cost?
Median Sold Price
$162,500
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 49709 was $162,500 in April 2024, up 31% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $109K | $92.5K | -15.1% |
2 Bedrooms | $110K | $157K | +42.7% |
3 Bedrooms | $128.5K | $168.3K | +31.0% |
4 Bedrooms | $221K | $294.9K | +33.5% |
5+ Bedrooms | - | $452K | N/A |
Summary: 49709 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes increased by 42.7%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 33.5%, and 5+ bedroom homes did not change.
Housing Supply in 49709, MI
How many homes are available in 49709, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 34 | +61.9% |
Summary: The 49709 real estate market had 34 homes for sale in April 2024, a 61.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 5 | 12 | +140.0% |
3 Bedrooms | 11 | 15 | +36.4% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 49709 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 140%, 3 bedroom homes increased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 49709 in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 49709, MI
We’re sorry, we don't have information for this market at the moment