Is 49751, 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, 49751 was a Seller's Market.
Housing Prices in 49751, MI
How much do homes in 49751, MI cost?
Median Sold Price
$210,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 49751 was $210,000 in April 2024, up 23.5% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $50K | $112K | +124.0% |
2 Bedrooms | $149.9K | $180K | +20.0% |
3 Bedrooms | $194K | $264.2K | +36.2% |
4 Bedrooms | $259K | $345.7K | +33.5% |
5+ Bedrooms | - | $150K | N/A |
Summary: 49751 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 124%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 36.2%, 4 bedroom homes increased by 33.5%, and 5+ bedroom homes did not change.
Housing Supply in 49751, MI
How many homes are available in 49751, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 11 | -15.4% |
Summary: The 49751 real estate market had 11 homes for sale in April 2024, a 15.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 49751 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 49751 in April 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 49751, MI
We’re sorry, we don't have information for this market at the moment