49512 Home Values & Market Trends

There are 11 homes currently listed for 49512. 49512 real estate market trends show that home prices range from $224,900 to $669,000, and the median sales price in the 49512 zip code is $322,909.23. The total number of properties sold within the past twelve months is 213. In 49512, 1 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

Housing Market Summary for 49512

Mar 2023February 2024Change
Median Listing Price$344.9K$313K-9.26%
Median Sold Price$320K$313K-2.20%
Homes For Sale2314-39.13%
Homes Sold1341447.46%
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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 49512

The median list price of a home in Grand Rapids, is $322,909.23. A total of 11 properties are for sale, and the percentage of properties for sale in the zip code is 11.00%. The total count of 49512 properties is 3,866.

Foreclosure
There is 1 cities within 49512; 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 49512 with grand rapids containing 49 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 49512 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 49512; 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 49512 ranges from the highest value of $315,611 in grand rapids to the lowest value of $163,437 in grand rapids. Bank owned homes and properties account for 0.03% of properties in 49512. There is 1 cities within 49512; grand rapids containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 49512. Auction homes and other auction properties account for 0% of all properties in 49512. There is 1 cities within 49512; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.28% of residential properties in 49512 with grand rapids containing 334 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 49512; 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 49512. grand rapids has 3240 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.52% of properties in 49512.

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      Guide for 49512

      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
      Market Reports
      Newark Real Estate Market Report, March 2024
      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

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      Recently Listed Homes 49512

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