Housing Prices in 48209, MI

How much do homes in 48209, MI cost?

Median List Price

$140,000

$86/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$25,000(+21.7%)

Key Takeaway

The list price of homes in 48209 has increased by 21.7% since last year.

Summary: The median home list price in 48209 was $140,000 in November 2024, up 21.7% from the previous year, and the median price per square foot was $86.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $87K$100K
+14.9%
3 $129.9K$149.9K
+15.4%
4 $109.9K$160K
+45.5%
5+ $114.9K$122.4K
+6.5%

Summary: 48209 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 14.9%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes increased by 6.5%.

Median List Price Compared To Nearby Zip Codes

48210
+43.9%
48209
+21.7%
48218
+19.5%
48120
+17.5%
48216
+11.4%

Housing Supply in 48209, MI

How many homes are available in 48209, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1315+15.4%

Summary: The 48209 real estate market had 15 homes for sale in November 2024, a 15.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 67
+16.7%
4 12
+100.0%
5+ 32
-33.3%

Summary: The 48209 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 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.

Days on Market for 48209, MI

How long does it take to sell a home in 48209, MI?

Average Listing Age

Nov 2023Nov 2024CHANGE
55 Days48 Days-11.8%

Summary: Homes in 48209 had an average listing age of 48 days in Nov 2024, down by 11.8% 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 48209, MI

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