$9,499 Closing Credit*
$799,900
3,434 SqFt
4 Beds
•3 Full Baths, 1 Partial
Monica Guza, Listing Office: Move MI Realty
Is 48096, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 48096 was a Seller's Market.
Key Takeaway
48096 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 48096, MI
How much do homes in 48096, MI cost?
Median Sold Price
$405,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$103,500(+34.3%)
Key Takeaway
Homes in 48096 have sold for 34.3% more than they did a year ago.
Summary: The median home sold price in 48096 was $405,000 in November 2024, up 34.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $132.5K | $146K | +10.2% |
| 3 Bedrooms | $282K | $403.5K | +43.1% |
| 4 Bedrooms | $825K | $640K | -22.4% |
| 5+ Bedrooms | $436.5K | $300K | -31.3% |
Summary: 48096 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 increased by 10.2%, 3 bedroom homes increased by 43.1%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes decreased by 31.3%.
Median Sold Price Compared To Nearby Zip Codes
| 48096 | $301.5K | $405K | +34.3% |
| 48048 | $299.6K | $297K | -0.9% |
Housing Supply in 48096, MI
How many homes are available in 48096, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The 48096 real estate market had 12 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 48096 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 48096, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 48096 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 48096, MI
How long does it take to sell a home in 48096, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 118 Days | 32 Days | -72.9% |
Summary: Homes in 48096 had an average of 32 days on market in Nov 2024, down by 72.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 48096 has remained consistent over time.
Summary: During November 2024, 1 homes were sold in 48096; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.