Is 49713, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 49713 has remained a Seller's Market.
Key Takeaway
49713 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49713, MI
How much do homes in 49713, MI cost?
Median Sold Price
$223,500
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 49713 have sold for 16.6% less than they did a year ago.
Summary: The median home sold price in 49713 was $223,500 in March 2024, down 16.6% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $124.7K | -28.7% |
| 2 Bedrooms | $265K | $154.5K | -41.7% |
| 3 Bedrooms | $290K | $340K | +17.2% |
| 4 Bedrooms | $299.4K | $835K | +178.8% |
| 5+ Bedrooms | $1.1M | $886.2K | -19.4% |
Summary: 49713 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.7%, 2 bedroom homes decreased by 41.7%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 178.8%, and 5+ bedroom homes decreased by 19.4%.
Housing Supply in 49713, MI
How many homes are available in 49713, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The 49713 real estate market had 7 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 49713 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 49713, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 49713 in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 49713, MI
We’re sorry, we don't have information for this market at the moment
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