Is 49712, 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, 49712 has remained a Seller's Market.
Housing Prices in 49712, MI
How much do homes in 49712, MI cost?
Median Sold Price
$385,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 49712 was $385,000 in April 2024, up 10.8% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $366.2K | $205K | -44.0% |
2 Bedrooms | $185.7K | $206K | +10.9% |
3 Bedrooms | $350K | $358K | +2.3% |
4 Bedrooms | $458.7K | $549K | +19.7% |
5+ Bedrooms | $612.5K | $1.2M | +104.1% |
Summary: 49712 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 104.1%.
Housing Supply in 49712, MI
How many homes are available in 49712, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 30 | 0.0% |
Summary: The 49712 real estate market had 30 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 18 | 17 | -5.6% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 49712 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 50%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 49712 in April 2024, the same as the previous month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for 49712, MI
We’re sorry, we don't have information for this market at the moment