Real Estate Market Update for 49442 (Muskegon, MI)
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was up 16% from one year earlier, and up 10% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 50-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 36%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 70-thousand dollars. The number of units sold increased 19% year-over-year, and decreased 14% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 49442 (Muskegon, MI)
Area Information for 49442 (Muskegon, MI)
  • Population: 44,456
  • Median Age: 33.47 yr
  • Median Commute Time: 16.84 mins
  • Educational Climate*: 2
  • Sales Tax: 6%
  • Population Density: 1,057/sq mi
  • Population Change Since 2000: -.16%
  • Closest Airport: Muskegon County
  • Closest College: Baker College-muskegon
  • Closest Jr. College: Muskegon Community College
  • Median Household Income: $32,970
  • Annual Residential Turnover: 8.82%
  • Median Years in Residence: 3.94 yr
  • Median Home Sales Price: $55,858
  • Closest Major Sports Team: Brewers
  • Change Avg. Household Income Since 2000: 6%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 49442 (Muskegon, MI)
Median Age: 33.47 Married: 24% Number of Households: 15,618 Households with Children: 5,548
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 49442 (Muskegon, MI)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Oakridge High School 0.9 mi Public 9-12 2-5 3
      Oakridge Lower Elementary School 0.9 mi Public PRESCHOOL-3 0 3
      Oakridge Upper Elementary School 0.9 mi Public 4-6 1 1
      Oakridge Middle School 1.0 mi Public 7-8 3 4
      Oakridge Alternative & Adult Ed 1.0 mi Public 9-12 0 0
      Orchard View Early Elementary 2.5 mi Public PRESCHOOL-1 0 4
      Timberland Academy 2.9 mi Public K-8 1 4
      Orchard View Middle School 3.0 mi Public 6-8 1 3
      Cardinal Elementary 3.1 mi Public 2-5 2 4
      Muskegon Sda School 3.1 mi Private 1-8 0 3
      Orchard View High School 3.5 mi Public 9-12 2 2
      Muskegon Area Career Tech Center 3.9 mi Public 11-12 0 0
      Early College Of Muskegon County 3.9 mi Public 9-12 0 0
      Maisd Early On Program 3.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Maisd Early Childhood Program 3.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Muskegon Middle School 4.6 mi Public 7-8 1 0
      Marquette School 4.6 mi Public PRESCHOOL-6 3 1
      North East Education Center 4.7 mi Public K-12 0 0
      Wesley School 4.8 mi Public UNGRADE-UNGRADE 0 0
      Oakview Elementary School 4.9 mi Public PRESCHOOL-6 2 0
      Muskegan Christian School 4.9 mi Private PRESCHOOL-6 0 5
      Three Oaks Public School Academy 5.0 mi Public PRESCHOOL-5 1 4
      Muskegon Community Education Center 5.3 mi Public K-12 0 0
      You Turn Program 5.8 mi Public 7-12 0 0
      Moon Elementary School 6.0 mi Public PRESCHOOL-6 0 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 49442 (Muskegon, MI)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.