$9,797 Closing Credit*
$825,000
3,150 SqFt
5 Beds
•3 Full Baths
#50162567, Lucy Burby, Listing Office: RE/MAX First
Housing Prices in 48028, MI
How much do homes in 48028, MI cost?
Median List Price
$500,000
$276/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$305,050(+156.5%)
Key Takeaway
The list price of homes in 48028 has increased by 156.5% since last year.
Summary: The median home list price in 48028 was $500,000 in December 2024, up 156.5% from the previous year, and the median price per square foot was $276.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $215K | +79.2% |
| 2 Bedrooms | $85K | $424.9K | +399.9% |
| 3 Bedrooms | $194.9K | $500K | +156.5% |
| 4 Bedrooms | $379.9K | $1.4M | +278.9% |
| 5+ Bedrooms | $1.4M | $652.4K | -56.2% |
Summary: 48028 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 79.2%, 2 bedroom homes increased by 399.9%, 3 bedroom homes increased by 156.5%, 4 bedroom homes increased by 278.9%, and 5+ bedroom homes decreased by 56.2%.
Median List Price Compared To Nearby Zip Codes
| 48028 | $194.9K | $500K | +156.5% |
| 48001 | $229.9K | $299.9K | +30.4% |
Housing Supply in 48028, MI
How many homes are available in 48028, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The 48028 real estate market had 5 homes for sale in December 2024, a 28.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 48028 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Days on Market for 48028, MI
How long does it take to sell a home in 48028, MI?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 306 Days | 70 Days | -76.9% |
Summary: Homes in 48028 had an average listing age of 70 days in Dec 2024, down by 76.9% compared to the previous year.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.