49085 Housing Market Report January 2025•Berrien County, Michigan

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Housing Prices in 49085, MI

How much do homes in 49085, MI cost?

Housing Market Conditions

Is 49085, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

49085 is a Neutral Market

Difference Since January 2024

At the same time last year, 49085 was a Seller's Market.

Insight

49085 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

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$338,936$172/SqFt
+$13,936
+4.3%

Based on all homes sold in the last 12 months

Insight

Homes in 49085 have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in 49085 was $338,936 in January 2025, up 4.3% from last year, and the median price per square foot was $172.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
49127
+21.8%
49103
+17.0%
49022
+9.2%
49085
+4.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$170.5K$144K
-15.5%
2$240K$240.9K
0.4%
3$290.3K$310K
+6.8%
4$412.5K$407.5K
-1.2%
5$483K$588.2K
+21.8%

Summary: 49085 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -15.5%. The home price for 2 bedroom homes increased by 0.4%. The home price for 3 bedroom homes increased by +6.8%. The home price for 4 bedroom homes decreased by -1.2%. The home price for 5 bedroom homes increased by +21.8%.

Housing supply in 49085, MI

How many homes are available in 49085, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
101Last MonthJan 2025
1022 months agoDec 2024
-1.0 %
Change MoMDec – Jan

Summary: The 49085 real estate market had 101 homes for sale in Jan 2025, a 1.0 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
16Last MonthJan 2025
182 months agoDec 2024
-11.1 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
101
+100.0%
21921
+10.5%
34440
-9.1%
43131
0.0%
588
0.0%

Summary: 49085 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +10.5%. The inventory for 3 bedroom homes decreased by -9.1%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 49085, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price5 Homes

Under Asking Price8 Homes

Insight

If you're buying a home in 49085, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 49085 in January 2025, down by 11.1% month-over-month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and and 19% were sold over asking.

Days on Market for 49085, MI

How long does it take to sell a home in 49085, MI?

Breakdown of Home Sale Times

Under 30 Days10 Homes

30 – 90 Days4 Homes

Over 90 Days2 Homes

Insight

Many homes in 49085 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 16 homes were sold in 49085; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
42 DaysThis YearJan 2025
30 Days1 year agoJan 2024
+38.1 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 49085 had an average listing age of 42 days in Jan 2025, up by 38.1% compared to the previous year.

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Newest Listings in 49085, MI

What homes are available in 49085, MI?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Michigan Regional Information Center LLC, and RealComp II Ltd. for the period 02/01/2023 - 02/01/2025

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.