49255 Housing Market Report February 2025Branch County, Michigan

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Housing Prices in 49255, MI

How much do homes in 49255, MI cost?

Housing Market Conditions

Is 49255, 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

49255 is a Seller's Market

Difference Since January 2025

Last month, 49255 was a Buyer's Market.

Insight

49255 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$225,950$156/SqFt
+$45,950
+25.5%

Based on all homes sold in February 2025

Insight

Homes in 49255 have sold for 25.5% more than they did a month ago.

Summary: The median home sold price in 49255 was $225,950 in February 2025, up 25.5% from last month, and the median price per square foot was $156.

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 2025Feb 2025Change MoM
1--
N/A
2--
N/A
3$180K$287K
+59.4%
4-$164.9K
N/A
5--
N/A

Summary: 49255 housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +59.4%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 49255, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

49255, MI

Housing supply in 49255, MI

How many homes are available in 49255, 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
6Last MonthFeb 2025
82 months agoJan 2025
-25.0 %
Change MoMJan – Feb

Summary: The 49255 real estate market had 6 homes for sale in Feb 2025, a 25.0 % decrease compared to Jan 2025.

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
2Last MonthFeb 2025
12 months agoJan 2025
+100.0 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
110
-100.0%
211
0.0%
331
-66.7%
423
+50.0%
511
0.0%

Summary: 49255 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -66.7%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 49255, 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 Price0 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in 49255, 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 49255 in February 2025, up by 100.0% 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 49255, MI

How long does it take to sell a home in 49255, MI?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in 49255 has remained consistent over time.

Summary: During February 2025, 2 homes were sold in 49255; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.
Last Month1 month agoChange MoM
81 DaysLast MonthFeb 2025
100 Days1 month agoJan 2025
-19.0 %
Change MoMJan – Feb

Summary: Homes in 49255 had an average listing age of 81 days in Feb 2025, down by 19.0% compared to the previous month.

Newest Listings in 49255, MI

What homes are available in 49255, MI?

MLS Disclaimers and Copyright

Based on information from Michigan Regional Information Center LLC, for the period 01/01/2025 - 03/01/2025

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: 3/13/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.