$2,730 Closing Credit*
$229,900
2,506 SqFt
2 Full Baths, 1 Partial
Moe A Aldhulaimi, Listing Office: Real Estate One-Dbn Hts/Dbn
Is 48210, 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, 48210 has remained a Seller's Market.
Key Takeaway
48210 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 48210, MI
How much do homes in 48210, MI cost?
Median Sold Price
$108,500
$70/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,500(+40.9%)
Key Takeaway
Homes in 48210 have sold for 40.9% more than they did a year ago.
Summary: The median home sold price in 48210 was $108,500 in November 2024, up 40.9% from last year, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $51K | N/A |
| 2 Bedrooms | $80K | $47.5K | -40.6% |
| 3 Bedrooms | $65.2K | $97.5K | +49.5% |
| 4 Bedrooms | $90K | $115K | +27.8% |
| 5+ Bedrooms | $50K | $177.5K | +255.0% |
Summary: 48210 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 40.6%, 3 bedroom homes increased by 49.5%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 255%.
Median Sold Price Compared To Nearby Zip Codes
| 48210 | $77K | $108.5K | +40.9% |
| 48204 | $55K | $56.2K | +2.3% |
Housing Supply in 48210, MI
How many homes are available in 48210, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Summary: The 48210 real estate market had 18 homes for sale in November 2024, a 20.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 48210 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 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 48210, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 48210 in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for 48210, MI
How long does it take to sell a home in 48210, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 23 Days | +251.3% |
Summary: Homes in 48210 had an average of 23 days on market in Nov 2024, up by 251.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 48210 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 48210; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
