Is 49930, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 49930 has remained a Seller's Market.
Housing Prices in 49930, MI
How much do homes in 49930, MI cost?
Median Sold Price
$237,500
$155/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in 49930 was $237,500 in May 2024, up 48.4% from last month, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $124K | $246K | +98.4% |
3 Bedrooms | $294K | $230K | -21.8% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | $229K | N/A |
Summary: 49930 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 98.4%, 3 bedroom homes decreased by 21.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
49945 | $105K | $380K | +261.9% |
49930 | $160K | $237.5K | +48.4% |
49931 | $230.5K | $152.5K | -33.8% |
Housing Supply in 49930, MI
How many homes are available in 49930, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Summary: The 49930 real estate market had 14 homes for sale in May 2024, a 7.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 49930 housing inventory by bedroom type for May 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 remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 49930 in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for 49930, MI
How long does it take to sell a home in 49930, MI?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 Days | 2 Days | -94.0% |
Summary: Homes in 49930 had an average of 2 days on market in May 2024, down by 94% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in 49930; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.