Is 49756, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 49756 was a Seller's Market.
Key Takeaway
49756 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 49756, MI
How much do homes in 49756, MI cost?
Median Sold Price
$159,450
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 49756 have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in 49756 was $159,450 in March 2024, down 3.3% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $94K | -14.5% |
| 2 Bedrooms | $148.5K | $128K | -13.8% |
| 3 Bedrooms | $182K | $210K | +15.4% |
| 4 Bedrooms | $342.5K | $290K | -15.3% |
| 5+ Bedrooms | - | $454.5K | N/A |
Summary: 49756 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.5%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 49756 | $164.9K | $159.4K | -3.3% |
| 48647 | $113.9K | $97.5K | -14.4% |
Housing Supply in 49756, MI
How many homes are available in 49756, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Summary: The 49756 real estate market had 26 homes for sale in March 2024, a 4.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 49756 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 decreased by 28.6%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49756, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 49756 in March 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 49756, MI
We’re sorry, we don't have information for this market at the moment
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