Housing Prices in 48164, MI

How much do homes in 48164, MI cost?

Median List Price

$359,900

$161/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$32,450(+9.9%)

Key Takeaway

The list price of homes in 48164 has increased by 9.9% since last year.

Summary: The median home list price in 48164 was $359,900 in November 2024, up 9.9% from the previous year, and the median price per square foot was $161.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $105K-
N/A
2 $216.9K$239.9K
+10.6%
3 $310K$322.4K
+4.0%
4 $375K$449.9K
+20.0%
5+ $549.9K$457.5K
-16.8%

Summary: 48164 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 10.6%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 16.8%.

Median List Price Compared To Nearby Zip Codes

48174
+14.0%
48117
+11.6%
48164
+9.9%
48111
+5.5%
48134
+3.5%

Housing Supply in 48164, MI

How many homes are available in 48164, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3328-15.2%

Summary: The 48164 real estate market had 28 homes for sale in November 2024, a 15.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1716
-5.9%
4 117
-36.4%
5+ 01
+100.0%

Summary: The 48164 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 decreased by 20%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes increased by 100%.

Days on Market for 48164, MI

How long does it take to sell a home in 48164, MI?

Average Listing Age

Nov 2023Nov 2024CHANGE
89 Days71 Days-19.3%

Summary: Homes in 48164 had an average listing age of 71 days in Nov 2024, down by 19.3% 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 48164, MI

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