49506 Home Values & Market Trends

There are 42 homes currently listed for 49506. 49506 real estate market trends show that home prices range from $159,000 to $8,600,000, and the median sales price in the 49506 zip code is $377,177.46. The total number of properties sold within the past twelve months is 548. In 49506, 4 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.

Housing Market Summary for 49506

Mar 2023February 2024Change
Median Listing Price$547K$361.7K-33.87%
Median Sold Price$346.2K$361.7K4.49%
Homes For Sale5139-23.53%
Homes Sold36642415.85%
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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 49506

The median list price of a home in Grand Rapids, is $377,177.46. A total of 42 properties are for sale, and the percentage of properties for sale in the zip code is 42.00%. The total count of 49506 properties is 10,796.

Foreclosure
There is 1 cities within 49506; within this cities, the median estimated home value for homes in foreclosure ranges from $563,099 in grand rapids to the lowest value of $103,612 in grand rapids. Foreclosure homes account for 0.00% of properties in 49506 with grand rapids containing 50 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 49506 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 49506; 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 49506 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 49506. There is 1 cities within 49506; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    grand rapids has 43 auction properties, the highest number of properties going to auction in a single city in the state of 49506. Auction homes and other auction properties account for 0.04% of all properties in 49506. There is 1 cities within 49506; of that cities, the median estimated home value for homes going to auction ranges from $563,099 in grand rapids to the lowest value of $103,612 in grand rapids.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.39% of residential properties in 49506 with grand rapids containing 334 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 49506; homes for sale in that cities, have a range of median values from $8,050,753 in grand rapids to the lowest value of $52,310 in grand rapids.
    Sold Homes
    The median value for recently sold homes ranges from $3,733,500 in grand rapids to the lowest price of $23,962 in grand rapids. There is 1 cities within 49506. grand rapids has 3231 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.83% of properties in 49506.

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      Guide for 49506

      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 Get House Mortgage With Low Credit Score
      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 Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Recently Listed Homes 49506

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