Housing Prices in 48041, MI

How much do homes in 48041, MI cost?

Median List Price

$304,900

$198/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$10,000(+3.4%)

Key Takeaway

The list price of homes in 48041 has increased by 3.4% since last year.

Summary: The median home list price in 48041 was $304,900 in November 2024, up 3.4% from the previous year, and the median price per square foot was $198.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $299K$185.6K
-37.9%
3 $287.7K$304.9K
+6.0%
4 $432.4K$375K
-13.3%
5+ -$635K
N/A

Summary: 48041 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.9%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

48006
+8.6%
48041
+3.4%
48062
+1.7%
48027
+0.6%
48022
-7.8%

Housing Supply in 48041, MI

How many homes are available in 48041, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1310-23.1%

Summary: The 48041 real estate market had 10 homes for sale in November 2024, a 23.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 108
-20.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The 48041 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Days on Market for 48041, MI

How long does it take to sell a home in 48041, MI?

Average Listing Age

Nov 2023Nov 2024CHANGE
164 Days49 Days-70.0%

Summary: Homes in 48041 had an average listing age of 49 days in Nov 2024, down by 70% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 48041, MI

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