$290,000
984 SqFt
3 Beds
•1 Full Bath
Phillip S Ausman, Listing Office: Remerica Integrity II
November 2024
Report Updated 22 Days Ago
Is 48072, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 48072 has remained a Seller's Market.
How much do homes in 48072, MI cost?
$319,333
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in 48072 was $319,333 in November 2024, up 2.4% from last year, and the median price per square foot was $207.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $145K | +31.8% |
2 Bedrooms | $229K | $230K | 0.4% |
3 Bedrooms | $318K | $325K | +2.2% |
4 Bedrooms | $429K | $414.5K | -3.4% |
5+ Bedrooms | $322.7K | $489.9K | +51.8% |
Summary: 48072 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.8%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 51.8%.
How many homes are available in 48072, MI?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
73 | 66 | -9.6% |
Summary: The 48072 real estate market had 66 homes for sale in November 2024, a 9.6% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 56 | 50 | -10.7% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 48072 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 10.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
23 | 28 | +21.7% |
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 48072 in November 2024, up by 21.7% month-over-month. Of the 28 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% were sold over asking.
How long does it take to sell a home in 48072, MI?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
27 Days | 24 Days | -11.4% |
Summary: Homes in 48072 had an average of 24 days on market in Nov 2024, down by 11.4% compared to last year.
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During November 2024, 28 homes were sold in 48072; 68% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 22 Days Ago
Local real estate agents are ready to help you find a home here.
Connect With An AgentSell your home with an expert or get the job done on your own.
Sell My HomeGet a customizable mortgage solution based on today's rates.
Get ApprovedWhat homes are available in 48072, MI?
See More ListingsMLS Disclaimers and Copyright
Based on information from RealComp II Ltd. for the period 12/01/2022 - 12/01/2024
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 7:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Popular Cities with Homes for Sale in Michigan
Homes For Sale in Canton, MI
Homes For Sale in Grand Rapids, MI
Homes For Sale in Troy, MI
Homes For Sale in Warren, MI
Homes For Sale in Jackson, MI
Homes For Sale in Livonia, MI
Homes For Sale in Lansing, MI
Homes For Sale in Ann Arbor, MI
Homes For Sale in Royal Oak, MI
Homes For Sale in Macomb, MI
Homes For Sale in Kalamazoo, MI
Homes For Sale in Sterling Heights, MI
Homes For Sale in Battle Creek, MI
Homes For Sale in Flint, MI
Homes For Sale in Dearborn, MI
Homes For Sale in Waterford, MI
Homes For Sale in West Bloomfield, MI
Homes For Sale in Detroit, MI
Homes For Sale in Farmington Hills, MI
Homes For Sale in Rochester Hills, MI
Homes For Sale in Clarkston, MI