49406 Housing Market Report February 2025•Allegan County, Michigan

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Housing Prices in 49406, MI

How much do homes in 49406, MI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$549,500$349/SqFt
-$15,500
-2.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 49406 has decreased by 2.7% since last year.

Summary: The median home list price in 49406 was $549,500 in February 2025, down 2.7% from the previous year, and the median price per square foot was $349.

Median List Price By Zip Codes

Median List Price By Zip Codes
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
49453
+10.3%
49406
-2.7%
49408
-15.9%

Median List Price By Bedrooms

Median List 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.
BedsFeb 2024Feb 2025Change YoY
1$369.9K$299.9K
-18.9%
2$450K$449.9K
0.0%
3$485K$550K
+13.4%
4$799K$1.0M
+34.5%
5$827K$974K
+17.8%

Summary: 49406 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -18.9%. The home price for 2 bedroom homes decreased by 0.0%. The home price for 3 bedroom homes increased by +13.4%. The home price for 4 bedroom homes increased by +34.5%. The home price for 5 bedroom homes increased by +17.8%.

Housing supply in 49406, MI

How many homes are available in 49406, 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
10Last MonthFeb 2025
82 months agoJan 2025
+25.0 %
Change MoMJan – Feb

Summary: The 49406 real estate market had 10 homes for sale in Feb 2025, a 25.0 % increase compared to Jan 2025.

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
100
0.0%
223
+50.0%
322
0.0%
422
0.0%
523
+50.0%

Summary: 49406 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +50.0%.

Days on Market for 49406, MI

How long does it take to sell a home in 49406, MI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
84 DaysThis YearFeb 2025
123 Days1 year agoFeb 2024
-31.9 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 49406 had an average listing age of 84 days in Feb 2025, down by 31.9% compared to the previous year.

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Newest Listings in 49406, MI

What homes are available in 49406, MI?

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MLS Disclaimers and Copyright

Based on information from Michigan Regional Information Center LLC, and RealComp II Ltd. for the period 03/01/2023 - 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: 3/6/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

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: 3/6/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.