Chris Speer, Listing Office: eXp Realty LLC
49064 Housing Market Report December 2024•Van Buren County, Michigan
Housing Prices in 49064, MI
How much do homes in 49064, MI cost?
Housing Market Conditions
Is 49064, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
49064 is a Neutral Market
Difference Since December 2023
At the same time last year, 49064 was a Seller's Market.
49064 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 49064 have sold for 27.7% more than they did a year ago.
Summary: The median home sold price in 49064 was $237,500 in December 2024, up 27.7% from last year, and the median price per square foot was $137.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $183.5K | - | N/A |
22 Bedrooms | $167.4K | $166.2K | -0.7% |
33 Bedrooms | $184.9K | $245K | +32.5% |
44 Bedrooms | $362.5K | $567.4K | +56.5% |
55+ Bedrooms | $450K | $856.5K | +90.3% |
Summary: 49064 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -0.7%. The home price for 3 bedroom homes increased by +32.5%. The home price for 4 bedroom homes increased by +56.5%. The home price for 5 bedroom homes increased by +90.3%.
Housing supply in 49064, MI
How many homes are available in 49064, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
14Last MonthDec 2024 | ||
192 months agoNov 2024 | -26.3 % Change MoMNov – Dec |
Summary: The 49064 real estate market had 14 homes for sale in Dec 2024, a 26.3 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthDec 2024 | ||
72 months agoNov 2024 | -71.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 0 | -100.0% |
33 Bedrooms | 10 | 7 | -30.0% |
44 Bedrooms | 5 | 4 | -20.0% |
55+ Bedrooms | 3 | 3 | 0.0% |
Summary: 49064 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes decreased by -30.0%. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 49064, MI cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
If you're buying a home in 49064, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 49064 in December 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 49064, MI
How long does it take to sell a home in 49064, MI?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in 49064 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in 49064; 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.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
18 DaysThis YearDec 2024 | ||
13 Days1 year agoDec 2023 | +37.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 49064 had an average listing age of 18 days in Dec 2024, up by 37.0% compared to the previous year.
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Newest Listings in 49064, MI
What homes are available in 49064, MI?
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MLS Disclaimers and Copyright
Based on information from Michigan Regional Information Center LLC, for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.