Housing Prices in 49111, MI
How much do homes in 49111, MI cost?
Median List Price
$247,400
$171/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in 49111 has increased by 12.5% since last year.
Summary: The median home list price in 49111 was $247,400 in May 2024, up 12.5% from the previous year, and the median price per square foot was $171.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $277.4K | $185K | -33.3% |
| 2 Bedrooms | $98K | $179.9K | +83.6% |
| 3 Bedrooms | $234.9K | $257.4K | +9.6% |
| 4 Bedrooms | $292.4K | $419.4K | +43.4% |
| 5+ Bedrooms | $485K | $912.5K | +88.1% |
Summary: 49111 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 83.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 43.4%, and 5+ bedroom homes increased by 88.1%.
Housing Supply in 49111, MI
How many homes are available in 49111, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The 49111 real estate market had 8 homes for sale in May 2024, a 33.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 49111 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 increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 49111, MI
How long does it take to sell a home in 49111, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 156 Days | 182 Days | +16.9% |
Summary: Homes in 49111 had an average listing age of 182 days in May 2024, up by 16.9% compared to the previous year.
