49283 Home Values & Market Trends

There are 7 homes currently listed for 49283. 49283 real estate market trends show that home prices range from $239,900 to $399,900, and the median sales price in the 49283 zip code is $245,771.22. The total number of properties sold within the past twelve months is 29. In 49283, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

Housing Market Summary for 49283

Apr 2023March 2024Change
Median Listing Price$260K$246.2K-5.30%
Median Sold Price$240.7K$246.2K2.31%
Homes For Sale17600.00%
Homes Sold2322-4.35%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 49283

The median list price of a home in Spring Arbor, is $245,771.22. A total of 7 properties are for sale, and the percentage of properties for sale in the zip code is 7.00%. The total count of 49283 properties is 1,062.

Foreclosure
There is 1 cities within 49283; within this cities, the median estimated home value for homes in foreclosure ranges from $175,418 in spring arbor to the lowest value of $175,418 in spring arbor. Foreclosure homes account for 0.00% of properties in 49283 with spring arbor containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 49283 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 49283; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 49283 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 49283. There is 1 cities within 49283; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    spring arbor has 1 auction properties, the highest number of properties going to auction in a single city in the state of 49283. Auction homes and other auction properties account for 0.09% of all properties in 49283. There is 1 cities within 49283; of that cities, the median estimated home value for homes going to auction ranges from $175,418 in spring arbor to the lowest value of $175,418 in spring arbor.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.66% of residential properties in 49283 with spring arbor containing 7 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 49283; homes for sale in that cities, have a range of median values from $399,900 in spring arbor to the lowest value of $163,757 in spring arbor.
    Sold Homes
    The median value for recently sold homes ranges from $603,049 in spring arbor to the lowest price of $48,488 in spring arbor. There is 1 cities within 49283. spring arbor has 28 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.64% of properties in 49283.

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      Guide for 49283

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Recently Listed Homes 49283

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